Weekly paycheck calculator indiana Social security and Medicare taxes are also withheld from the gross pay. The social security tax rate is 6.2% of the gross pay, up to a maximum amount, while the Medicare tax rate is 1.45% of the gross pay. Employers match the social security and Medicare taxes, meaning they pay an equal amount. Other deductions may include health insurance premiums, retirement contributions, and garnishments for child support or debt repayment. The employer must withhold these deductions if the employee authorizes them. To calculate the weekly paycheck in Indiana, you can use the following formula: Weekly Paycheck = Gross Pay - (State Income Tax + Federal Income Tax + Social Security Tax + Medicare Tax + Other Deductions) You can use an online weekly paycheck calculator to simplify the process. The calculator will require you to input the gross pay, filing status, number of allowances, and exemptions for federal income tax calculation, and the Indiana income tax rate for state income tax calculation. The calculator will also require you to input the social security and Medicare tax rates, and any other deductions. Visitors to the Pittsburgh area should be prepared for a range of weather conditions, from hot and humid summer days to cold and snowy winter nights. It is always a good idea to check the local weather forecast before planning outdoor activities in the area. 3. Enter the number of allowances, for example, 2. 4. Enter the Indiana income tax rate, for example, 3.23%. 5. Enter the social security tax rate, for example, 6.2%. 6. Enter the Medicare tax rate, for example, 1.45%. To calculate the net pay, which is the amount received on the weekly paycheck, you need to subtract the deductions from the gross pay. The net pay is the take-home pay, the amount the employee receives after all deductions. In Indiana, the state laws require that employers withhold state income tax from employees' wages. The state income tax rate ranges from 3.23% to 4.95%, depending on the employee's income level. Employers also withhold federal income tax, which is a percentage of the gross pay based on the employee's filing status, number of allowances, and exemptions. Social security and Medicare taxes are also withheld from the gross pay. The social security tax rate is 6.2% of the gross pay, up to a maximum amount, while the Medicare tax rate is 1.45% of the gross pay. Employers match the social security and Medicare taxes, meaning they pay an equal amount. Other deductions may include health insurance premiums, retirement contributions, and garnishments for child support or debt repayment. The employer must withhold these deductions if the employee authorizes them.