Salary and hourly pay Convert hourly and annual pay using the hours and weeks you set. Tax is a percent you edit. Details Convert an hourly rate and a yearly salary using the hours and weeks you set. The take-home line removes a flat percent. The starting 28 percent is a guess you can change. It is not a tax return and it does not know your filing status. Category: Career Page: /tools/salary-calculator Text: /tools/salary-calculator.txt Limits The take-home line is a flat percent, not a tax return. Default 28% is only a starting guess. Steps 1. Edit hourly or annual. The other follows. 2. Set hours per week and paid weeks. 3. Adjust the tax percent if you want a rough net. Questions Why 50 weeks? You can change it. Unpaid leave is just fewer weeks. Which paycheck does biweekly use? Annual divided by 26. Semimonthly is annual divided by 24 and is labeled that way. Is this tax advice? No.