Illinois Paycheck Calculator 2026 – Estimate Your Take-Home Pay
Use our free Illinois Paycheck Calculator to estimate your net pay for the 2026 tax year. This tool acts as an IL net pay calculator by computing Federal withholding, FICA taxes, and Illinois income tax at the state's flat rate of 4.95%. Because Illinois uses a simple flat tax rather than progressive brackets, calculating your Illinois take home pay is straightforward and consistent regardless of income level.
- State Tax Rate: 4.95% (Flat Rate)
- Federal Tax: 10% – 37% (Based on brackets)
- Social Security: 6.2%
- Medicare: 1.45%
How the Illinois Paycheck Calculator Works
Our Illinois gross to net calculator uses the latest 2026 tax rules. Unlike states with complex brackets, Illinois simplifies payroll. We start with your gross earnings and subtract:
- Federal Withholding: Based on your filing status and IRS brackets.
- FICA Taxes: Mandatory contributions for Social Security (6.2%) and Medicare (1.45%).
- Illinois State Tax: Calculated at a flat 4.95% rate on your net income.
Illinois Income Tax Rate (2026)
Illinois has one of the most straightforward income tax systems in the U.S. This makes the Illinois income tax calculator logic highly predictable.
| Filing Status | Tax Rate |
|---|---|
| Single | 4.95% (Flat) |
| Married Filing Jointly | 4.95% (Flat) |
| Head of Household | 4.95% (Flat) |
Note: While the rate is flat, Illinois provides a personal exemption allowance that slightly reduces the taxable base.
Federal Taxes That Apply to Your Paycheck
Federal Income Tax
The IRS imposes a progressive tax ranging from 10% to 37%. Your specific rate depends on your filing status and total taxable income.
Social Security & Medicare (FICA)
Every Illinois paystub calculator includes FICA. This deducts 6.2% of your gross pay for Social Security (up to the wage limit) and 1.45% for Medicare (on all earnings). High earners (> $200k) pay an additional 0.9% Medicare tax.
Illinois Paycheck After Taxes for $60,000 Salary
If you are a single filer in Chicago or Springfield earning $60,000 per year, your breakdown looks like this:
| Tax Description | Amount |
|---|---|
| Federal Tax (Est.) | $5,900 |
| FICA (7.65%) | $4,590 |
| State Tax (4.95%) | $2,970 |
| Estimated Take-Home Pay | $46,540 |
Minimum Wage & Cost of Living
Illinois has been steadily increasing its minimum wage, aiming for $15 per hour by 2026. The cost of living varies significantly; Chicago is more expensive than rural downstate Illinois, but generally, housing is more affordable than on the coasts.
How to Increase Your Take-Home Pay
To maximize your Illinois salary calculator results, ensure your W-4 form is accurate. Contributing to pre-tax retirement accounts (401k/403b) reduces your taxable income, which lowers both your federal tax and your flat 4.95% state tax liability.
FAQs – Illinois Paycheck Calculator
What is the Illinois state income tax rate?
Illinois uses a flat state income tax rate of 4.95% for all income levels and filing statuses for the 2026 tax year.
Does Illinois tax overtime pay?
Yes, overtime pay is taxed at the same flat 4.95% rate as regular wages.
Are there local income taxes in Illinois?
No. Even major cities like Chicago do not impose a local personal income tax on wages. You only pay the state flat tax.