Final Paycheck Calculator: Estimate Last Wages

Estimate gross and net on a termination paycheck from rate, hours, overtime, PTO on the check, other pay, and deductions.

Final Paycheck Calculator

Gross = regular + 1.5× OT + PTO + other − deductions. Timing of final pay is state-specific (some require same day; others next payday). Use with the PTO Payout and Severance calculators for a full exit picture.

Formula

gross = rate*hrs + 1.5*rate*ot + rate*pto + other; net = gross - deductions

Adds regular, overtime at 1.5 times rate, PTO hours at rate, and other pay for gross, then subtracts deductions for net.

A final paycheck calculator estimates wages due at separation using remaining regular pay, accrued PTO rules you enter, and deductions. State final-pay timing and PTO payout laws differ. Confirm with payroll and local rules.

A last paycheck calculator answers a different question than a severance package or a stand-alone leave cash-out. Final pay focuses on wages already earned plus amounts the employer includes on that closing wage statement. Keep package weeks on the severance pay calculator, isolate unused leave math on the PTO payout calculator, and sketch ongoing tax withholding style net pay on the salary tax calculator.

Explore more tools under tax and payroll, finance calculators, and the calculators archive. This termination paycheck calculator stays on one closing wage statement so state timing questions do not get mixed with layoff package modeling.

What this final paycheck calculator includes

Enter the hourly rate, regular hours in the final period, overtime hours paid at 1.5 times the rate, PTO hours the employer will pay on this check, any other taxable pay dollars, and a single deductions total. The tool shows gross and net. Use it as a final pay calculator when you want a transparent build of the closing check rather than a full annual salary model.

Who it helps

  • Employees verifying hours and leave lines on a termination wage statement
  • Managers preparing a last paycheck estimate before payroll closes the file
  • Workers comparing a stub to a hand-built last paycheck calculator sketch
  • Anyone who needs a free final pay check without creating an account

How to estimate a final paycheck amount

  • Enter the hourly rate that applies to the final pay period.
  • Enter regular hours worked that will appear on the check.
  • Enter overtime hours that should be paid at time and a half in this model.
  • Enter PTO hours paid on this check, if any.
  • Enter other pay such as commissions or allowances included on the same check.
  • Enter deductions as a combined dollar amount, then compare gross and net.

Match the pay period on your stub. If PTO is paid on a later check, leave PTO hours at zero here and use the dedicated PTO tool instead. If severance appears as a separate payment, do not force those dollars into the other-pay field unless the employer truly combines them on one statement.

How Multicalify builds final pay

Gross equals hourly rate times regular hours, plus 1.5 times rate times overtime hours, plus rate times PTO hours, plus other pay. Net equals gross minus deductions. That matches the live Multicalify final paycheck math for educational estimates.

Gross = rate × hours + 1.5 × rate × overtime + rate × PTO + other

Net = gross – deductions

Worked final paycheck example

Suppose the rate is $25 per hour, regular hours are 60, overtime hours are 8, PTO hours are 16, other pay is $100, and deductions are $450. Regular pay is $1,500. Overtime pay is 1.5 times $25 times 8, which equals $300. PTO pay is $400. Adding $100 other pay produces gross of $2,300. Net after $450 of deductions is $1,850.

ItemValue
Hourly rate$25
Regular hours60
Overtime hours8 at 1.5×
PTO hours16
Other pay$100
Gross$2,300
Deductions$450
Net$1,850

How to interpret gross and net

Gross shows the wage build before withholdings and other deductions. Net is what remains after the deductions total you entered. Real stubs may split federal tax, state tax, benefits, garnishments, and other lines. Enter a realistic combined deductions figure from a recent stub, then adjust when the final period looks different.

Final-pay deadlines are state-specific. Some jurisdictions require faster payment after discharge than after a voluntary resignation. Multicalify does not encode every state deadline. Use the estimate to check dollars, then confirm timing with your employer or a qualified employment resource in your state.

Final paycheck versus PTO-only and severance

A PTO-only payout answers how much unused leave is worth at a rate, often for policy comparison. Severance answers how many weeks of separation pay a package formula produces. This final paycheck calculator combines regular, overtime, optional PTO on the check, and other pay into one closing wage estimate. Keep the three intents on their own Multicalify pages so searchers and planners do not confuse earned wages with package cash.

Practical tips before payday

Request a preliminary hours report and confirm whether overtime was classified correctly. Ask whether accrued leave pays on the final check or later. Verify that commissions, tips, or allowances you earned appear in other pay. If taxes look off, compare against a normal stub and the salary tax calculator for a simplified net sketch, remembering that this page uses a flat deductions dollar input rather than tax percents.

When a layoff includes both a last wage check and a package, run the termination paycheck calculator first, then the severance tool. Adding package dollars into other pay without labeling them creates a false last-check total.

Final pay mistakes employees and employers make

  • Paying overtime at straight time inside the estimate
  • Double-counting PTO that will print on a later check
  • Folding severance package weeks into other pay by accident
  • Using annual salary tax percents instead of a deductions dollar total
  • Ignoring that final-pay timing rules differ by state
  • Treating the net figure as a guaranteed bank deposit before payroll runs

Limitations and YMYL disclaimer

This final paycheck calculator provides educational gross and net estimates only. It is not legal advice, tax advice, or a payroll system of record. Overtime rules, leave payout laws, and final-pay deadlines vary. Confirm hours, rates, and timing with your employer and a qualified professional when the amounts matter for budgeting or disputes.

Related tools

Continue with the PTO payout calculator, severance pay calculator, and salary tax calculator. More payroll options sit under tax and payroll.

Building deductions from a real stub

Open a recent pay stub and add the deduction lines you expect on the final check. Taxes, benefit premiums, retirement deferrals, and garnishments can all belong in the combined deductions field. If a benefit ends mid-period, lower the deductions total accordingly. Recheck after open enrollment changes or a new withholding form.

Salaried workers can still use this hourly-style final pay calculator by converting the period salary into an equivalent hourly rate for the hours shown, or by placing the period salary in other pay with hours set carefully so you do not double-count. Consistency matters more than elegance.

Checking a separation pay estimate

Estimate regular wages and eligible payouts, then compare with the employer’s final pay practice. For disputes, document hours and policy language rather than relying on a web estimate alone.

PTO payout versus wage continuation rules

Accrued vacation payout is not treated the same in every state or policy handbook. Enter only what policy and law support, and keep commissions or bonuses on separate lines when uncertain.

Related: PTO Payout Calculator · Salary Tax Calculator.

Frequently Asked Questions

What is included in a final paycheck in this model?

Regular hours, overtime at 1.5 times rate, PTO hours paid on the check, other pay, then deductions to reach net.

What is the worked example?

At $25 per hour with 60 regular hours, 8 overtime hours, 16 PTO hours, $100 other, and $450 deductions, gross is $2,300 and net is $1,850.

Is this the same as a PTO payout calculator?

No. PTO-only tools isolate leave value. This page builds a full closing wage check that may include PTO hours.

Does it include severance?

Only if you deliberately add package dollars to other pay. Prefer the severance pay calculator for package weeks.

When is final pay due?

Deadlines are state-specific. Confirm timing with your employer or a qualified local resource.

Can I use it as a last paycheck calculator?

Yes. Enter the final period rate, hours, and deductions to sketch gross and net.

Is this tax advice?

No. Results are educational estimates only.

Is the final paycheck calculator free?

Yes. No signup is required.