This calculator estimates paycheck results by factoring in regular wages, overtime, other earnings, employee 401(k) contributions, and an optional employer match. It then applies estimated federal withholding, Virginia state income tax withholding, Social Security, Medicare, and Additional Medicare to provide an approximate net pay amount.
Because 401(k) contributions are generally treated as pre-tax for federal income tax purposes, they may reduce taxable wages for those calculations. In Virginia, 401(k) contributions may also reduce taxable wages for state income tax withholding purposes in many payroll situations. However, they do not reduce Social Security or Medicare wages.
Virginia does impose state individual income tax on wages, and wage withholding generally includes a state income tax component. For 2026 estimates, this calculator uses a simplified annualized Virginia withholding estimate based on Virginia’s state income tax rate structure, filing status, taxable wages, standard deduction, and exemption information. Actual Virginia withholding may vary based on the employee’s withholding information, payroll setup, residency, work location, and applicable Virginia withholding guidance.
This estimate includes federal withholding, Virginia state income tax withholding, and FICA taxes only. It does not include potential payroll-related assessments, local taxes, benefit deductions, garnishments, or other deductions that may apply depending on the employee’s situation.
Important Notes
This calculator is intended for informational and planning purposes only. Results are estimates and may not reflect every situation, payroll setup, deduction, or tax election. Actual paycheck amounts can vary based on your employee’s withholding forms, year-to-date wages, benefits, and other payroll factors.
If you need help reviewing your payroll setup or want guidance tailored to your business, the Beyond HCM team is here to help.
