Rhode Island Paycheck Calculator
Calculate your take-home pay after federal & Rhode Island taxes
Updated for 2023 tax year on Dec 05, 2023
Paycheck calculators by state
Paycheck calculator for Rhode Island
Overview of Rhode Island
Rhode Island’s population is over 1 million (2019), the smallest state by area. The median household income is $63,870 (2017).
Brief summary:
- the income tax rate ranges from 3.75% to 5.99%
- subject to Disability Insurance (SDI) of 1.1% up to $84,000 taxable wage
- has standard deductions and exemptions
From Wikipedia
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
Calculating your Rhode Island state income tax is similar to the steps we listed on our Federal paycheck calculator:
- Determine your gross income
- Annual salary
Annual salary = Gross income - Hourly wage
Hourly wage × Hours worked per day × Days worked per week × Weeks worked per year = Your weekly paycheck
- Annual salary
- Work out your total federal income tax
- Gross income adjusted
Gross income − Pre-tax deductions = Gross income adjusted - Federal taxable income
Gross income adjusted − Federal standard/itemized deductions = Federal taxable income - Federal income tax liability
Federal taxable income × Federal income tax rate = Federal income tax liability - Federal payroll tax liability
Gross income adjusted × Federal payroll tax rate = Federal payroll tax liability
- Gross income adjusted
- Calculate your total Rhode Island state income tax
- State taxable income
Gross income adjusted − (State standard/itemized deductions + State exemptions) = State taxable income - State income tax liability
State taxable income × State income tax rate = State income tax liability - State payroll tax liability
Gross income adjusted × State payroll tax rate = State payroll tax liability
- State taxable income
- Figure out your net pay
Gross income − (Total income tax liability + Total payroll tax liability + Total pre-tax deductions + Total post-tax deductions + Total withholdings) = Your net pay - Divide your net pay by your pay frequency
- Daily
Your net pay / Days worked per week / Weeks worked per year = Your daily paycheck - Weekly
Your net pay / 52 = Your weekly paycheck - Bi-weekly
Your net pay / 26 = Your bi-weekly paycheck - Semi-monthly
Your net pay / 24 = Your semi-monthly paycheck - Monthly
Your net pay / 12 = Your monthly paycheck - Quarterly
Your net pay / 4 = Your quarterly paycheck - Semi-annual
Your net pay / 2 = Your semi-annual paycheck - Annual
Your net pay = Your annual paycheck
- Daily
State payroll tax
Tax year | Tax name | Percent of taxable wage | Up to taxable wage |
---|---|---|---|
2023 | State Disability Insurance (SDI) | 1.1% | $84,000 |
2022 | 1.1% | $81,500 | |
2021 | 1.3% | $74,000 | |
2020 | 1.3% | $72,300 |
State income tax brackets
Each filer type has different progressive tax rates. Refer to Tax Foundation for more details.
Tax year | Filing status | Taxable income | Rate |
---|---|---|---|
2023 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 - $73,450 | 3.75% |
$73,450 - $166,950 | 4.75% | ||
$166,950+ | 5.99% | ||
2022 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $68,200 | 3.75% |
$68,200 – $155,050 | 4.75% | ||
$155,050+ | 5.99% | ||
2021 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $66,200 | 3.75% |
$66,200 – $150,550 | 4.75% | ||
$150,550+ | 5.99% | ||
2020 | Single Married, Filing Jointly or Widow(er) Married, Filing Separately Head of Household |
$0 – $65,250 | 3.75% |
$65,250 - $148,350 | 4.75% | ||
$148,350+ | 5.99% |
State standard deduction
Tax year | Filing status | Standard deduction amount |
---|---|---|
2023 | Single Married, Filing Separately |
$10,000 |
Married, Filing Jointly | $20,050 | |
Head of Household | $15,050 | |
2022 | Single Married, Filing Separately |
$9,300 |
Married, Filing Jointly | $18,600 | |
Head of Household | $13,950 | |
2021 | Single Married, Filing Separately |
$9,050 |
Married, Filing Jointly | $18,100 | |
Head of Household | $13,550 | |
2020 | Single Married, Filing Separately |
$8,750 |
Married, Filing Jointly | $17,500 | |
Head of Household | $13,100 |
State exemptions
There are state-level exemptions for all types of filers and dependents. Refer to Tax Foundation for more details.
Tax year | Filing status | Personal exemption amount |
---|---|---|
2023 | Single Married, Filing Separately Head of Household |
$4,700 |
Married, Filing Jointly or Widow(er) | $9,400 | |
Dependent(s) | $4,700 | |
2022 | Single Married, Filing Separately Head of Household |
$4,350 |
Married, Filing Jointly or Widow(er) | $8,700 | |
Dependent(s) | $4,350 | |
2021 | Single Married, Filing Separately Head of Household |
$4,250 |
Married, Filing Jointly or Widow(er) | $8,500 | |
Dependent(s) | $4,250 | |
2020 | Single Married, Filing Separately Head of Household |
$4,100 |
Married, Filing Jointly or Widow(er) | $8,200 | |
Dependent(s) | $4,100 |
FAQs
What taxes do Rhode Islanders pay?
The state-level income tax rate ranges from 3.75% to 5.99%. There is also a Disability Insurance (SDI) payroll tax of 1.1% up to $84,000 taxable wage.
How much do you make after taxes in Rhode Island?
The take-home pay for a single filer making $64,000 per year is $50,210.75.
A married couple with a combined income of $128,000 will take home $100,629.37 after taxes.
How much taxes are deducted from a $64,000 paycheck in Rhode Island?
The total taxes deducted for a single filer are $1149.11 monthly or $530.35 bi-weekly.