Navigating the intricacies of payroll—be it deductions, taxes, or benefits—is a crucial task for any HR professional or payroll manager, oftengo ...
Wyoming Salary Paycheck Calculator
Written by: Daniel Eisner
Daniel Eisner is a payroll specialist with over a decade of practical experience in senior accounting positions.
Updated on July 21, 2024
Use Wyoming Paycheck Calculator to estimate net or “take home” pay for salaried employees. Simply input salary details, benefits and deductions, and any other necessary information as prompted below, and let our tool handle the rest.
State
Where are you employed?
Salary
How much do you get paid annual?
Salary frequency
How often are you paid?
Marital status
What is your federal filing status?
Dependent(s)
Children under 17 and students under 24
All other dependents
Employee Location
Where do you live?
Benefits and Deductions
Choose a calculation method:
Fringe Benefits
Choose a calculation method:
Gross Pay
$0
Income taxes
0%
$0
Federal Income Tax
0%
$0
Alabama State Tax
0%
$0
Local Tax
0%
$0
FICA taxes
0%
$0
Social Security
Medicare
0%
$0
Additional Medicare
0%
$0
Pre tax
0%
$0
Post tax
0%
$0
What Are Payroll Taxes?
Payroll taxes withheld from employee paychecks fund Social Security and Medicare, to which the employer also makes payroll tax contributions.
The Social Security tax is paid by both the employee and the employer at a rate of 6.2% of the employee’s wages. The Medicare tax is also paid by both employee and employer, but at a rate of 1.45%.
Employers are also required to pay taxes under the Federal Unemployment Tax Act (FUTA) and the State Unemployment Tax Act (SUTA). The employer must also collect federal income tax from employee paychecks, and pay that amount to the IRS. The rate is determined by the employee’s tax bracket.
Each state also has specific state payroll taxes that must be withheld and paid.
Wyoming Payroll Taxes
There is no state or local income tax in Wyoming. However, in addition to Social Security and Medicare tax, employers are required to pay state unemployment taxes (SUTA).
State unemployment tax is an employer-paid tax and not withheld from employees. SUTA tax rates in Wyoming range from 0.48% to 9.78% for established businesses.
If you’re a new business owner, you’ll need to register and submit documentation to have your SUTA rate determined. If you do not submit the appropriate forms, you will automatically be assigned a SUTA rate of 8.5%.
The current SUTA taxable wage base in Wyoming is $27,300.
Paying Payroll Taxes
You can pay your Wyoming SUTA taxes online. Visit the Department of Workforce Development for details. If you need assistance paying SUTA taxes, contact the Wyoming Unemployment Tax Division at (307) 235-3217 or send an email to [email protected].
Using a Payroll Tax Service
In Wyoming, payroll and payroll taxes come with countless laws and restrictions, which is why many business owners turn to a payroll service provider to ensure their business remains fully compliant. It’s usually less expensive than creating a new staff position for managing payroll, and relatively easy.
You’ll just send over your digital timesheets and relevant information and the service provider will take care of the calculations, payments and taxes, freeing you up to focus on growing your business.
We highly recommend hiring a payroll service — as a busy entrepreneur, you won’t regret it!
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