No matter where you live in the United States, you have to pay taxes on the money you gain. Louisiana is not an exception, and thus, many residents in the state use the Louisiana paycheck calculator tool to calculate how much money they are going to get with their next paycheck.

Unfortunately, besides the federal payroll taxes, you also need to pay certain state payroll taxes on your paycheck. The best, or perhaps the worst, part about Louisiana is that it has a progressive income tax. This means the taxes you are going to pay depend on how much you gain.

As you can guess, employees making more money will be charged a higher income tax. On the other hand, the high end of this tax rate is 4.25%, and the low end is 1.85% in Louisiana. One of the good things about Louisiana is that the state doesn’t have any local city taxes. This means that there are no additional taxes over the state income tax. 

However, these were just for the taxes. You still need plenty of factors to pay in your paycheck. For example, if you are an employer in Louisiana, you are obliged to pay unemployment insurance. The rates vary depending on your industry.

You will have to pay between 0.09% and 6.2% rates for the first $7,700 of each employee in one calendar year. Moreover, if you are a new employer, then these rates will be a bit different and range between 1.16% and 2.89%.

Now let’s take a look at the federal taxes, which are crucial considerations for the Louisiana paycheck calculator. These are also deducted from your paycheck and are the main reason why all first-time employees are shocked when they see their paycheck.

You will be paying 6.2% social security tax on your income until you make $147,000 a year. On the other hand, if you are making more than $200,000 in a year, you will be paying 0.9% Medicare tax for your income of less than $200,000 and 2.35% for your income of more than $200,000.

Of course, these deductions and withholds are not limited to these. Employers will also pay FUTA unemployment taxes, which is 6% for the first $7,000 in a given calendar year. It is very similar, actually pretty much the same as the one you will be charged by Louisiana. You will also deduct federal income taxes, which can vary between 0% and 37%.

As you can see, there are almost numerous factors that can affect your Louisiana paycheck. Thus, it is almost impossible for taxpayers to calculate their paychecks on their own. Even if they may be good at math, it is likely that you will make a mistake in any calculation.

Thus, you may want to use the Louisiana paycheck calculator. If you fill out the required information accurately, any Louisiana paycheck calculator will provide you with accurate results in just a few seconds.

Zrivo Paycheck Calculator

Louisiana paycheck calculator is a helpful tool for employers to use to calculate the amount of net pay they must withhold from an employee’s check. Employers can enter an employee’s W-4 information, pay rate, and deductions or benefits into the calculator. Employees must also enter their federal and state tax filing statuses. If you’re not sure what your federal and state taxes are, you can look them up on the W-4.

With this calculator, you can determine how much tax your employer has withheld from your paycheck. But these are just estimated numbers, so it would be better to consult a tax professional for advice on your taxes.