Connecticut Salary Paycheck Calculator
Connecticut Paycheck Calculator is designed to assist in your journey to understand your earnings if you are a resident of this U.S. state. Whether you are a resident or planning to settle there, this calculator will help you navigate the local tax rates and deductions and provide a clearer picture of your actual earnings.
Gross To Net Calculator
The amount that remains after these deductions are considered your net pay.
Connecticut Taxes: What You Need to Know
The Connecticut tax system aims to improve individual financial management and ensure compliance with the tax code.
Federal, State, and Local Tax Withholding: These taxes are taken from your paycheck to fund government operations. Federal taxes include income tax, while state and local taxes vary depending on where you live in Connecticut. These withholdings are based on your earnings and the details you provide on your W-4 form.
FICA & State Insurance Taxes: FICA taxes cover Social Security and Medicare, which support retirement, disability, and healthcare benefits. Connecticut also has state-specific insurance taxes, like unemployment insurance, which helps those temporarily out of work.
Pre-Tax Deductions: These are taken from your gross pay before taxes, lowering your taxable income. They include contributions to retirement plans like 401 (k), health insurance premiums, and other benefits like flexible spending accounts (FSAs) and health savings accounts (HSAs).
Here’s a table with the tax type and percentage information:
Tax Type | Percentage |
Federal Income Tax | Varies based on income and filing status |
Connecticut State Income Tax | 3.00% – 6.99% |
Local Taxes | Varies by locality |
Social Security (FICA) | 6.20% |
Medicare (FICA) | 1.45% |
State Unemployment Insurance | Varies |
Pre-Tax Deductions (e.g., 401K) | Varies based on individual elections |
Median household income in Connecticut
Connecticut’s annual per capita disposable personal income has increased since 1990. As of 2022, the annual per capita disposable personal income was 69,247 U.S. dollars. The median household income is approximately $92,240 as of the latest data of 2024.
Connecticut Tax Brackets 2024
Connecticut’s income tax rates for 2024 have been updated to provide some relief for taxpayers. The relief is aimed at the middle class and is limited to $150,000 for single filers and $300,000 for joint filers.
However, here are the two lowest tax rates have been reduced, benefiting other residents;
- The 3% rate on the first $10,000 earned by single filers and the first $20,000 by joint filers has been reduced to 2%.
- The 5% rate on the next $40,000 earned by single filers and the next $80,000 by joint filers has been reduced to 4.5%
Filing Status | Taxable Income | Tax Rate |
Single Filers | $0 – $10,000 | 2% |
$10,000.01 – $50,000 | 4.5% | |
$50,000.01 – $100,000 | 5.5% | |
$100,000.01 – $200,000 | 6% | |
$200,000.01 – $250,000 | 6.5% | |
$250,000.01 – $500,000 | 6.9% | |
$500,000.01 and above | 6.99% | |
Married Filing Jointly | $0 – $20,000 | 2% |
$20,000.01 – $100,000 | 4.5% | |
$100,000.01 – $200,000 | 5.5% | |
$200,000.01 – $400,000 | 6% | |
$400,000.01 – $500,000 | 6.5% | |
$500,000.01 – $1,000,000 | 6.9% | |
$1,000,000.01 and above | 6.99% |
Frequently Asked Questions
The Connecticut Paycheck Calculator does not account for local taxes because Connecticut does not have local income taxes.
Yes, specific deductions include contributions to Connecticut Higher Education Trust accounts and certain retirement income exclusions.
The Keka Connecticut Paycheck Calculator is updated for the latest tax laws, including the recent changes in tax brackets.
Connecticut’s state income tax is separate from federal taxes and cannot be deducted directly on your federal tax return. However, if you itemize deductions on your federal return, you can deduct state income taxes paid, including Connecticut’s income tax, along with other state and local taxes (SALT), up to a maximum of $10,000. This federal SALT deduction limit, introduced in 2018 under the Tax Cuts and Jobs Act, significantly reduces the benefit of deducting state taxes for high earners in states like Connecticut, which has higher tax rates and cost of living compared to many other states.
For taxpayers who take the standard deduction on their federal return, there is no option to deduct Connecticut’s state income taxes. In 2024, the federal standard deduction is $13,850 for single filers and $27,700 for married couples filing jointly, which may be more advantageous for some filers than itemizing deductions. Therefore, Connecticut’s tax burden can feel heavier for residents who cannot fully offset it against their federal taxes, particularly those in higher income brackets who are subject to Connecticut’s higher marginal tax rates and are limited by the federal SALT cap.
You can use the calculator to account for various jobs or additional income by entering the combined income from all sources.
You can include pre-tax deductions like health insurance or retirement contributions in the calculator. Just enter these amounts under the “Benefits and Deductions” section.
To adjust for filing jointly with your spouse, select the “Married Filing Jointly” option in the calculator and enter your combined income.
To adjust the California Paycheck Calculator for filing jointly, select the “Married Filing Jointly” option. Enter combined incomes and deductions to ensure accurate withholding and tax calculations.