Rhode Island Paycheck Calculator

Calculate your take-home pay after federal & Rhode Island taxes

Updated for 2023 tax year on Mar 15, 2023

Paycheck calculators by state

Paycheck calculator for Rhode Island

Understanding your Rhode Island paycheck

Navigating the waters of your paycheck can sometimes feel like an oceanic expedition. With various taxes, deductions, and exemptions to account for, it’s essential to understand how your Rhode Island paycheck comes together. Climb aboard as we chart a course through the components that shape your earnings in the smallest state with the biggest personality.

First and foremost, your paycheck is subject to federal income taxes. Your tax liability is determined by many factors, such as income, filing status, and the information you provide on Form W-4. Your wage is also subjected to the Federal Insurance Contributions Act (FICA). FICA consists of Social Security and Medicare.

For those earning over $200,000 or self-employed, FICA taxes have a few unique rules. High earners are subject to an additional 0.9% Medicare tax, while self-employed individuals must pay the total FICA tax.

Your Form W-4 helps you steer your tax withholding by indicating your filing status, dependents, and any additional withholding amounts. The pay frequency chosen by your employer – weekly, bi-weekly, or monthly – will also affect your paycheck size, so keep your eyes on the horizon and plan your budget accordingly.

The marital status you declare on your Form W-4 plays a significant role in determining your tax withholding. In addition, pre-tax deductions can reduce your taxable income. Consider regularly contributing to a 401(k) or a Health Savings Account (HSA).

Just like the tides, state income taxes in Rhode Island are ever-present. The state’s progressive tax rates range from 3.75% to 5.99%. Rhode Island also has a State Disability Insurance (SDI) program that taxes up to a certain taxable wage.

Rhode Island offers a standard deduction, which varies depending on your filing status. Although eliminated on the federal level, you can still claim personal exemptions in the state. These deductions and exemptions help reduce your taxable income, ensuring you keep more of your hard-earned treasure.

Lastly, your paycheck may have post-tax deductions, such as wage garnishments or after-tax contributions to a Roth IRA. These deductions occur after your taxes have been calculated.

Calculate your Rhode Island paycheck

Rhode Island tax year starts from July 01 the year before to June 30 the current year. So the tax year 2022 will start from July 01 2021 to June 30 2022.

Calculating your Rhode Island state income tax is similar to the steps we listed on our Federal paycheck calculator:

1. figure out your filing status
2. work out your adjusted gross income [Net income – Adjustments = Adjusted gross income]
3. calculate your taxable income [Adjusted gross income – (Standard/Itemized deductions + Exemptions) = Taxable income]
4. understand your income tax liability [Taxable income × Income tax rate = Income tax liability]
5. calculate your payroll tax liability [Net income × Payroll tax rate = Payroll tax liability]
6. minus any tax liability, deductions, withholdings [Net income – (Income tax liability + Payroll tax liability + Pre-tax deductions + Post-tax deductions + Withholdings) = Your paycheck]

State payroll tax

State income tax brackets

Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.

State standard deduction

State exemptions

There are state-level exemptions for all types of filers and dependents. Refer to Tax Foundation for more details.

FAQs