Is there a good paycheck calculator to calculate take home pay? I tried the one on taxtips.ca and cra website (calculate the net income after pay then divide by 12 (i got paid monthly) and somehow the number doesnt come close to my paycheck amount.
The income pay check calculator chose estimates net pay for salaried employees after taxes and deductions. Select the income payment rate option to enter gross salary amount and net pay is automatically calculated.
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I've never found one that actually did what I wanted.
for example, you should be able to enter how many hours your worked in a period (eg, 80 hours) and what your rate of pay is (eg, $18/hr) and it should give you a breakdown of take home pay, income tax, EI, and CPP deductions.
I think Arizona Salary Paycheck Calculator is the best one.Beacause you Calculate your net pay or "take home pay" by entering your per-period or annual salary along with the pertinent Federal, State and local W-4 information.
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