Tax Tip Calculator
Estimate take-home pay for tipped workers, factoring in federal tipped minimum, FICA on tips, and state/local taxes.
$
$
Annual take-home
$20,601
Wages$3,195
Reported tips$20,000
Federal + FICA (tips are FICA-taxable)$2,594
State + local$0
Total tax$2,594
Tips must be reported to your employer. Some states allow a tip credit against minimum wage.
Estimate only. Results show your annualized federal, state and FICA tax liability divided by pay periods — not the exact per-paycheck withholding your employer computes from your W-4 (IRS Publication 15-T). Actual paychecks may differ. Not tax advice.