Illinois Tax Tip Calculator

Illinois Tax Tip Calculator - Calculate Taxes Owed on Tips

State & Date
State
Illinois. Change state
Hourly Rates
Earnings
$0.00
Federal Taxes (enter your W4 info)
Illinois State and Local Taxes
Benefits and Deductions (optional)

What is gross pay?

Gross pay amount is earnings before taxes and deductions are withheld by the employer. The gross pay in the hourly calculator is calculated by multiplying the hours times the rate. You can add multiple rates. This calculator will take a gross pay and calculate the net pay, which is the employee’s take-home pay.
Gross pay - Taxes - Benefits/other deductions = Net pay (your take-home pay)

What is pay frequency?

Pay frequency refers to the frequency with which employers pay their employees. The pay frequency starts the entire payroll process and determines when you need to run payroll and withhold taxes.

What are my withholding requirements?

Employers and employees are subject to income tax withholding. There are federal and state withholding requirements. Find federal and state withholding requirements in our Payroll Resources.

More Illinois Resources

The calculators on this website are provided by Symmetry Software and are designed to provide general guidance and estimates. These calculators should not be relied upon for accuracy, such as to calculate exact taxes, payroll or other financial data. Neither these calculators nor the providers and affiliates thereof are providing tax or legal advice. You should refer to a professional adviser or accountant regarding any specific requirements or concerns.

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