General Internal Medicine Physicians Salary in Illinois After Taxes (2024)

How much does a General Internal Medicine Physicians actually take home in Illinois?

5.0% flat rate — 31.2% effective total tax rate

Data: BLS OEWS 2024 + IRS/State Tax Brackets 2024 • Updated 2026-04-02

Gross Salary
$225,730
Median annual (2024)
-$70,379
Take-Home Pay
$155,350
After all taxes

Your Estimated Paycheck

Annual
$155,350
Monthly
$12,945
Bi-Weekly
$5,975
Hourly
$74.69

See cost-of-living adjusted salary →

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Where Your Salary Goes

Out of every dollar a General Internal Medicine Physicians earns in Illinois, here is how it is split between taxes and take-home pay.

Federal Income Tax (20.0%)
Illinois State Tax (5.0%)
FICA (SS + Medicare) (6.2%)
Take-Home Pay (68.8%)

Complete Tax Breakdown

Detailed line-by-line tax calculation for a General Internal Medicine Physicians earning $225,730 in Illinois (single filer, standard deduction).

Tax Component Annual Amount Effective Rate
Gross Salary (Median) $225,730
Federal Income Tax -$45,248 20.0%
Illinois State Income Tax -$11,173 5.0%
Social Security (OASDI) -$10,453 4.6%
Medicare -$3,504 1.6%
Total Taxes -$70,379 31.2%
Take-Home Pay $155,350 68.8%

After-Tax Pay by Experience Level

Take-home pay varies significantly across experience levels. Here is the after-tax breakdown for each salary percentile of General Internal Medicine Physicians in Illinois.

Percentile Gross Salary Total Taxes Take-Home Pay Tax Rate
10th Percentile (P10) $71,430 -$16,555 $54,874 23.2%
25th Percentile (P25) $106,540 -$28,703 $77,836 26.9%
Median (P50) $225,730 -$70,379 $155,350 31.2%
Key Insight

A General Internal Medicine Physicians in Illinois faces a combined 31.2% effective tax rate, taking home $155,350 out of $225,730. The 5.0% flat rate adds $11,173 on top of federal and FICA taxes. In a no-income-tax state, this salary would yield approximately $166,524 — a difference of $11,173/year.

Best States for General Internal Medicine Physicians Take-Home Pay

Where does a General Internal Medicine Physicians keep the most of their paycheck? Top 10 states ranked by after-tax take-home pay.

1. Texas
$166,386
26.2%
$164,103
30.6%
3. Florida
$161,390
25.9%
$157,200
31.1%
$157,008
31.3%
$155,350
31.2%
$152,548
31.1%
$152,066
31.5%
9. Vermont
$151,619
32.7%
$150,831
30.6%

Illinois ranks #6 out of 22 states for General Internal Medicine Physicians after-tax take-home pay.

Frequently Asked Questions

What is the take-home pay for a General Internal Medicine Physicians in Illinois?

A General Internal Medicine Physicians in Illinois earning a median salary of $225,730 will take home approximately $155,350 per year after federal income tax ($45,248), state income tax ($11,173), and FICA ($13,957). That is $12,945 per month or $5,975 per bi-weekly paycheck.

What is the effective tax rate for a General Internal Medicine Physicians in Illinois?

The effective total tax rate for a General Internal Medicine Physicians in Illinois is 31.2%, broken down as: federal income tax 20.0%, Illinois state tax 5.0%, and FICA (Social Security + Medicare) 6.2%. This assumes a single filer with the standard deduction for 2024.

How much state tax does a General Internal Medicine Physicians pay in Illinois?

Illinois has a 5.0% flat rate. On a General Internal Medicine Physicians's median salary of $225,730, the state income tax amounts to $11,173 per year, which is an effective state rate of 5.0%.

What is the monthly take-home pay for a General Internal Medicine Physicians in Illinois?

After all taxes, a General Internal Medicine Physicians in Illinois takes home approximately $12,945 per month, or about $74.69 per hour (based on a standard 2,080-hour work year). These figures assume a single filer, standard deduction, and no additional pre-tax deductions.

How is General Internal Medicine Physicians take-home pay in Illinois calculated?

We start with the 2024 BLS median salary of $225,730 for General Internal Medicine Physicians in Illinois, then subtract: federal income tax using 2024 IRS brackets ($14,600 standard deduction), Illinois state income tax (5.0% flat rate), Social Security (6.2% up to $168,600), and Medicare (1.45%). The result — $155,350/yr — does not include local taxes, pre-tax deductions (401k, HSA), or tax credits.

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Tax Calculation Assumptions

This estimate assumes a single filer using the 2024 standard deduction ($14,600), with W-2 employment income only. It does not account for: itemized deductions, tax credits (e.g. earned income credit, child tax credit), local/city taxes, pre-tax contributions (401k, HSA, FSA), self-employment tax, or additional income sources. Actual take-home pay may differ. Consult a tax professional for personalized advice.

Our Methodology · Data Sources · Salary: BLS OEWS · Tax: IRS + State DOR

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