Including Indiana's 3.0% state income tax
| Gross Salary | $40,000 |
| Federal Income Tax | −$2,762 |
| Social Security (6.2%) | −$2,480 |
| Medicare (1.45%) | −$580 |
| Indiana State Tax (3.0%) | −$1,220 |
| Take-Home Pay | $32,958 |
On a $40,000 salary in Indiana, you can expect to take home approximately $32,958 per year, or about $2,747 per month. Your effective total tax rate is 17.6%.