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Sources & Calculation Methodology

Transparent assumptions for every published calculator.

Hourly to annual gross pay

Annual pay equals regular weekly hours multiplied by hourly rate, plus additional weekly overtime pay, multiplied by paid weeks. Monthly annual average equals annual pay divided by 12. Biweekly annual average equals annual pay divided by 26.

Reverse annual salary calculation

Equivalent hourly pay equals annual gross pay divided by hours worked per week and the number of paid working weeks per year.

Overtime calculation

Additional overtime is entered separately from regular working hours. Overtime earnings equal overtime hours × hourly rate × selected overtime multiplier. This does not determine legal eligibility.

Wage sources

For Florida, we use the FloridaCommerce minimum-wage information and the Florida constitutional schedule. For federal wage information, see the US Department of Labor.

Last reviewed

October 26, 2026. Update dated wage or tax information against government sources before release.

2026 payroll withholding sources

Paycheck estimates use IRS Publication 15-T Worksheet 1A for 2020+ W-4 forms. Employee payroll taxes are separate from income-tax withholding. Only the supported scenarios on each state page are available. Source verification and comparison tests do not guarantee every payroll situation.

Open the state paycheck directory

Official FloridaCommerce minimum-wage source