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PTO Payout Calculator
Calculate the final PTO payout for departing employees based on their accrued balance and your state's requirements.
Employee Details
Hourly equivalent: $35.00/hour
PTO Payout Amount
$2,800
10.0 days (80.0 hours) × $35.00/hr
$1,829.8
Estimated Net (after taxes)
$970.2
Estimated Withholding
✓
Payout Required by Law
California requires payout of all accrued vacation at separation
Estimated Tax Withholding
Federal Income Tax (22%)$616.00
State Income Tax (~5%)$140.00
FICA (7.65%)$214.20
Total Withholding$970.20
Note: Actual taxes vary. Consult your payroll provider for accurate calculations.
Automate PTO Tracking & Payouts
LeavePlan Pro automatically tracks PTO balances and calculates final payouts when employees leave, saving you time and ensuring accuracy.