Calculation Methodology
Last updated for tax year 2026 (2026-01-01).
Nevada state tax
Nevada does not impose individual income tax. State tax withholding is always $0 for W-2 and 1099 workers.
Federal income tax
We annualize per-period gross pay, subtract pre-tax deductions and the standard deduction, apply 2026 progressive brackets, then adjust for W-4 inputs (dependents credit, other income, deductions, extra withholding). Legacy W-4 uses allowance values of $4,700 each.
FICA
- Social Security: 6.2% up to $184,500 annual wages
- Medicare: 1.45% on all wages
- Additional Medicare: 0.9% above filing-status thresholds
- Pre-tax deductions do not reduce FICA wages in this calculator
Bonus withholding
Flat method uses 22% supplemental rate. Aggregate method taxes bonus with regular wages using the standard federal calculation.
Self-employment tax
15.3% on 92.35% of net profit (12.4% Social Security up to wage base + 2.9% Medicare). Half of SE tax is deducted before federal income tax.
State and local income tax
Each state calculator applies that state's published withholding formula to taxable wages after pre-tax deductions, including county or city income tax where the state allows it. Rates and official sources:
- Nevada — No state income tax (Nevada Department of Taxation)
- Colorado — 4.40% flat (Colorado Department of Revenue)
- Illinois — 4.95% flat (Illinois Department of Revenue)
- Indiana — 2.95% flat + county tax (Indiana Department of Revenue)
- Maryland — 2%–6.5% progressive + county tax (Comptroller of Maryland)
- Michigan — 4.25% flat + optional city tax (Michigan Department of Treasury)
- Missouri — 0%–4.7% progressive (Missouri Department of Revenue)
- New York — Progressive up to 10.9% + NYC/Yonkers (New York State Department of Taxation and Finance)
- North Carolina — 3.99% flat (North Carolina Department of Revenue)
- Ohio — 2.75% flat + municipal tax (Ohio Department of Taxation)
- Oregon — 4.75%–9.9% progressive (Oregon Department of Revenue)
- Texas — No state income tax (Texas Comptroller of Public Accounts)
- Virginia — 2%–5.75% progressive (Virginia Department of Taxation)
- Washington — No state income tax (Washington Employment Security Department)
Federal references
These are estimates. Employers use payroll systems that may differ slightly. Consult a tax professional for advice specific to your situation.