Calculate your take home pay after federal & Nevada taxes
Last updated on Jul 19 2021
Paycheck calculators by state 🇺🇸
Nevada state income tax
- zero income tax
- zero payroll tax
- no standard deductions and exemptions
- no tax credit
- only need to pay federal income tax
Nevada fiscal year starts from July 01 the year before to June 30 the current year. So the fiscal year 2021 will start from July 01 2020 to June 30 2021.
Calculating your Nevada state income tax is similar to the steps we listed on our Federal paycheck calculator:
- figure out your filing status
- work out your adjusted gross income [Total annual income – Adjustments = Adjusted gross income]
- calculate your taxable income [Adjusted gross income – (Post-tax deductions + Exemptions) = Taxable income]
- understand your tax liability [Taxable income × Tax rate = Tax liability]
- determine whether your tax liability is more than your tax credits and withheld
- Tax liability – (Credits + Withheld) = What you owe or
- (Credits + Withheld) – Tax liability = Tax refunds
State payroll tax
There is no state-level payroll tax.
Income tax brackets
No need to pay any state-level income tax.
Since there is no income tax, there is no need for standard deductions.
Since there is no income tax, there is no need for exemptions.
Earned Income Tax Credit (EITC)
There is no state-level EITC.
Child Tax Credit (CTC)
There is no state-level CTC.
What taxes do Nevadan pay?
There is no state-level income tax. All you need to pay is the federal income tax.
How much do you make after taxes in Nevada?
Residents of Nevada only need to pay the federal income tax. A single filer with a annual salary of $58,000 will take home $48,308 after taxes.
A married couple with a combined annual income of $116,000 will take home $96,616.