$
π
π€
#
Take-Home Pay
$0
Annual Net
$0
Federal Income Tax
-$0
TX State Tax
$0 β
Social Security (6.2%)
-$0
Medicare (1.45%)
-$0
Total Deductions
-$0
State Tax Savings
+$0
Texas Tax Advantages
Texas is one of only 9 states with no state income tax, which means more money in your pocket!
- No State Income Tax: 0% state tax on wages
- Higher Property Taxes: Texas has higher property taxes to offset no income tax
- Sales Tax: 6.25% state + up to 2% local = 8.25% max
- Great for High Earners: The more you earn, the more you save