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Final Paycheck Vacation & Unused PTO Cash Value Calculator

PTO Payout Calculator

Calculate the exact cash payout value of your accrued, unused Paid Time Off (PTO) and vacation hours when leaving a job. Computes gross payout, 22% federal supplemental tax, FICA, state income tax, and net take-home pay for all 50 US states.

1. PTO Hours & Pay Rate
Total accrued hours remaining on your final pay stub.
Your base hourly pay before overtime or bonuses.
Standard daily shift length.
2. Tax & Payroll Withholding Rates
IRS Pub 15 Sec 7 mandatory flat supplemental rate.
Updated automatically for selected state.
Standard 6.2% OASDI employee payroll tax.
Standard 1.45% Medicare hospital insurance tax.
Final Payout Estimate After Taxes
Estimated Net Take-Home Check
$765.00
Equivalent to 5.00 workdays (1.00 week)
Gross Unused PTO Value: $1,200.00
Hourly Base Compensation: $30.00 / hr
Total Taxes & Withholdings: -$435.00 (36.25%)
Itemized Payroll Deductions IRS Pub 15 + State
Federal Supplemental Tax (22%): -$264.00
FICA - Social Security (6.2%): -$74.40
FICA - Medicare (1.45%): -$17.40
State Income Tax (6.6%): -$79.20
Estimated Take-Home: $765.00

How PTO Payout & Taxes Were Calculated

US State Laws on Unused PTO Payout (50-State Overview)

Under federal law (the Fair Labor Standards Act), employers are not required to pay out accrued, unused paid time off or vacation days when an employee resigns or is terminated. However, state laws vary dramatically:

1. Strict Mandatory Payout States

In states like California (Labor Code § 227.3), Colorado (C.R.S. § 8-4-101), Illinois (820 ILCS 115/5), Montana, and Nebraska, earned PTO is legally classified as earned wages. In these jurisdictions, "use-it-or-lose-it" forfeitures are prohibited, and employers must pay out 100% of accrued, unused vacation on the final paycheck regardless of company policy or separation reason.

2. Employer Policy Governs

In states like Texas, Florida, New York, Georgia, and North Carolina, payout is strictly governed by the written employment agreement or employee handbook. If your company policy explicitly states that unused PTO is forfeited upon resignation without two weeks notice, state labor boards generally uphold that forfeiture.

50-State PTO Payout Mandate Quick Reference

State Payout Mandatory by Law? Use-It-or-Lose-It Prohibited? State Income Tax Rate Statute & Full Guide
California (CA) Yes (Mandatory) Yes (Strictly Prohibited) ~6.6% Cal. Labor Code § 227.3 Guide →
Colorado (CO) Yes (Mandatory) Yes (Strictly Prohibited) 4.4% C.R.S. § 8-4-101 Guide →
Illinois (IL) Yes (If Provided) Yes (Must Allow Use) 4.95% 820 ILCS 115/5 Guide →
Massachusetts (MA) Yes (Mandatory) Yes (Treated as Wages) 5.0% M.G.L. ch. 149 § 148 Guide →
Montana (MT) Yes (Mandatory) Yes (Strictly Prohibited) ~5.9% MCA § 39-3-201 Guide →
Nebraska (NE) Yes (Mandatory) Yes (Strictly Prohibited) ~5.84% Neb. Rev. Stat. § 48-1229 Guide →
Texas (TX) Policy Governs Allowed If in Policy 0% (No Tax) Texas Payday Law Guide →
Florida (FL) Policy Governs Allowed If in Policy 0% (No Tax) Florida Labor Rules Guide →
New York (NY) Policy Governs Allowed With Written Notice ~6.85% N.Y. Lab. Law § 195 Guide →
Washington (WA) Policy Governs Allowed If in Policy 0% (No Tax) RCW § 49.48.010 Guide →

Check the specific rules for any other jurisdiction in our comprehensive 50 US States PTO Laws Directory.

Frequently Asked Questions About PTO Payouts

Federal law does not require payout, but state laws differ. In states like California, Colorado, Illinois, and Montana, unused PTO must be paid out on your final paycheck as earned wages. In other states like Texas and Florida, payout depends strictly on your employer's written handbook policy.