🧮 Overtime Paycheck Calculator
Break down a paycheck with overtime hours, pretax deductions, and estimated taxes to see take-home pay.
Use 2.0 for double time or average different premiums manually.
401(k), HSA, insurance premiums deducted before taxes.
Combine federal, state, and local withholding for a quick estimate.
How to Use This Calculator
Enter Rate and Hours
Provide your base hourly rate and the regular and overtime hours worked in the pay period.
Set Overtime Multiplier
Use 1.5 for time-and-a-half, 2.0 for double time, or another multiplier if your contract specifies different rates.
Add Pretax Deductions & Tax Rate
Include retirement contributions, health premiums, and your combined withholding rate for federal, state, and local taxes.
Review Net Pay
The calculator reveals gross pay components, deductions, and estimated take-home pay for better budgeting.
Formula
Regular Pay = Hourly Rate × Regular Hours
Overtime Pay = Hourly Rate × Overtime Hours × Overtime Multiplier
Gross Pay = Regular Pay + Overtime Pay
Taxable Income = Gross Pay − Pretax Deductions
Estimated Taxes = Taxable Income × (Estimated Tax Rate ÷ 100)
Net Pay = Gross Pay − Pretax Deductions − Estimated Taxes
Actual taxes depend on your tax brackets, filing status, and additional withholdings. Adjust the tax field or use detailed payroll calculators for greater accuracy.
Full Description
Overtime boosts paychecks—but taxes and deductions can make take-home pay hard to predict. This calculator clarifies how regular and overtime hours combine, subtracts pretax deductions, and estimates tax withholding so you know what to expect on payday.
Whether you’re planning debt payments, adjusting 401(k) contributions, or approving employee timesheets, the detailed breakdown helps you understand where each dollar goes.
Use Cases
- Employees verifying that overtime hours increased net pay as expected.
- Managers modeling payroll impact during peak seasons.
- Workers deciding how much overtime to take based on net paycheck gains.
- Budgeting upcoming expenses like tuition, travel, or medical bills.
Frequently Asked Questions
How accurate is the tax estimate?
It’s a simplified estimate. For precise withholding, reference your pay stub or use detailed federal and state tax calculators.
What about double-time rules?
Set the overtime multiplier to 2.0 (or higher) for the hours paid at double time, or split overtime into two entries and run separate calculations.
Can I enter bonuses?
Add bonuses to gross pay by increasing the overtime or regular pay inputs, then run the calculator to see the full paycheck impact.
Does this support salaried employees?
Yes—convert the salary to an hourly equivalent for regular hours, then enter any overtime hours paid at time-and-a-half or double time.