Alaska Paycheck Calculator: Take-Home Pay Breakdown
Alaska has no state income tax, and it's also the only state that pays residents an annual dividend from oil revenue (the Permanent Fund Dividend) rather than taxing them. For paycheck purposes specifically, here's exactly what shapes your take-home pay. What comes out of an Alaska paycheck With no state income tax, every Alaska paycheck runs through: Federal income tax — based on income, filing status, and W-4 elections Social Security tax — 6.2% on wages up to $184,500 for 2026 Medicare tax — 1.45% on all wages, no cap (plus 0.9% above $200,000 for single filers) Pre-tax deductions like health insurance and 401(k) contributions reduce taxable income before this math applies. Worked example: $65,000 salary in Alaska Single filer, paid biweekly (26 pay periods), no pre-tax deductions: Standard deduction (2026, single): $16,100 Taxable income: $65,000 − $16,100 = $48,900 Federal tax owed: 10% on the first $12,400 ($1,240) + 12% on the remaining $36,500...