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Simplified Charts for Percentage Method Income Tax Withholding

One Withholding Allowance


70.19 140.38 152.08 304.17 912.50 1,828.00 3,650.00 14.04

Payroll Period
Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period)

MJC Revised 12/2011

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Simplified Charts for Percentage Method Income Tax Withholding


Table 1 WEEKLY Payroll Period
(a)Single person(including head of household) If the amount of wages (after subtracting withholding allowances) is: Over--But not over Amount of income tax to withhold Base Tax $0 $0 $14.90 $87.05 $322.05 $802.81 $2,081.23 Rate 00% 10% 15% 25% 28% 33% 35% Rate time wages in excess of base Base taxable wages $0 $51 $200 $681 $1,621 $3,338 $7,212 (b)MARRIED person If the amount of wages (after subtracting withholding allowances) is: Over--But not over Amount of income tax to withhold Base Tax $0 $0 $30.70 $179.80 $512.30 $898.70 $1,940.18 Rate 00% 10% 15% 25% 28% 33% 35% Rate time wages in excess of base Base taxable wages $0 $154 $461 $1,455 $2,785 $4,165 $7,321

Taxable wages $0 $51 $51 $200 $200 $681 $681 $1,621 $1,621 $3,338 $3,338 $7,212 $7,212

Taxable wages $0 $154 $154 $461 $461 $1,455 $1,455 $2,785 $2,785 $4,165 $4,165 $7,321 $7,321

Table 2 BIWEEKLY Payroll Period


(a)Single person(including head of household) If the amount of wages (after subtracting withholding allowances) is: But not Amount of income Rate time wages in Over--over tax to withhold excess of base Taxable wages Base Tax Rate Base Earnings $0 $102 $0 00% $0 $102 $400 $0 10% $102 $400 $1,362 $29.80 15% $400 $1,362 $3,242 $174.10 25% $1,362 $3,242 $6,677 $644.10 28% $3,242 $6,677 $14,423 $1,605.90 33% $6,677 $14,423 $4,162.08 35% $14,423 (a)Single person(including head of household) If the amount of wages (after subtracting withholding allowances) is: But not Amount of income Rate time wages in Over--over tax to withhold excess of base Taxable wages Base Tax Rate Base Earnings $0 $110 $0 00% $0 $110 $433 $0 10% $110 $433 $1,475 $32.30 15% $433 $1,475 $3,513 $188.60 25% $1,475 $3,513 $7,233 $698.10 28% $3,513 $7,233 $15,625 $1,739.70 33% $7,233 $15,625 $4,509.06 35% $15,625 (a)Single person(including head of household) If the amount of wages (after subtracting withholding allowances) is: But not Amount of income Rate time wages in Over--over tax to withhold excess of base Taxable wages Base Tax Rate Base Earnings $0 $221 $0 $0 00% $221 $867 $0 $221 10% $867 $2,950 $64.60 $867 15% $2,950 $7,025 $377.05 $2,950 25% $7,025 $14,467 $1,395.80 $7,025 28% $14,467 $31,250 $3,479.56 $14,467 33% $31,250 $9,017.95 $31,250 35% (b)MARRIED person If the amount of wages (after subtracting withholding allowances) is: But not Amount of income Rate time wages in Over--over tax to withhold excess of base Taxable wages Base Tax Rate Base taxable wages $0 $308 $0 00% $0 $308 $921 $0 10% $308 $921 $2,910 $61.30 15% $921 $2,910 $5,569 $359.65 25% $2,910 $5,569 $8,331 $1,024.40 28% $5,569 $8,331 $14,642 $1,797.76 33% $8,331 $14,642 $3,880.39 35% $14,642 (b)MARRIED person If the amount of wages (after subtracting withholding allowances) is: But not Amount of income Rate time wages in Over--over tax to withhold excess of base Taxable wages Base Tax Rate Base taxable wages $0 $333 $0 00% $0 $333 $998 $0 10% $333 $998 $3,152 $66.50 15% $998 $3,152 $6,033 $389.60 25% $3,152 $6,033 $9,025 $1,109.85 28% $6,033 $9,025 $15,863 $1,947.61 33% $9,025 $15,863 $4,204.15 35% $15,863 (b)MARRIED person If the amount of wages (after subtracting withholding allowances) is: But not Amount of income Rate time wages in Over--over tax to withhold excess of base Taxable wages Base Tax Rate Base taxable wages $0 $667 $0 00% $0 $667 $1,996 $0 10% $667 $1,996 $6,304 $132.90 15% $1,996 $6,304 $12,067 $779.10 25% $6,304 $12,067 $18,050 $2,219.85 28% $12,067 $18,050 $31,725 $3,895.09 33% $18,050 $31,725 $8,407.84 35% $31,725

Table 3 SEMIMONTHLY Payroll Period

Table 4 MONTHLY Payroll Period

MJC Revised 12/2011

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Simplified Charts for Percentage Method Income Tax Withholding


Formula to calculate FIT Taxes Example 1
A married employee, who declared three allowances, earning $12.75 per hour for eighty hours with biweekly pay periods will pay X amount of dollars in federal income taxes. Step 1: Calculate the dollar amount of allowance deductions: Dollar amount of allowance times number of deductions declared equal allowance deduction from gross pay. Allowance Number of Deductions Deduct from gross pay $140.38 3 $421.14 Step 2: Calculate dollar amount of gross pay: Hours worked biweekly times wage per hour rate equals total gross pay. Hours Pay Rate Per hour Total gross pay 80 $12.75 $1,020 Step 3: Federal income tax calculation: Gross Wages Dollar amount of allowance deduction Wages after deduction of allowances Less Base taxable wages Amount of wages in excess of base taxable wages Times rate for excess of base taxable wages Taxes on wages in excess of base taxable wages Plus: Base Tax from chart Federal Income Tax $1,020.00 421.14 598.86 308.00 290.86 15% 29.09 0 $29.09

MJC Revised 12/2011

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Simplified Charts for Percentage Method Income Tax Withholding


Formula to calculate FIT Taxes Example 2
A married employee, who declared three allowances, earning $35.00 per hour for eighty hours with biweekly pay periods will pay X amount of dollars in federal income taxes. Step 1: Calculate the dollar amount of allowance deductions: Dollar amount of allowance times number of deductions declared equal allowance deduction from gross pay. Allowance Number of Deductions Deduct from gross pay $140.38 3 $421.14 Step 2: Calculate dollar amount of gross pay: Hours worked biweekly times wage per hour rate equals total gross pay. Hours Pay Rate Per hour Total gross pay 80 $35.00 $2,800 Step 3: Federal income tax calculation: Gross Wages Dollar amount of allowance deduction Wages after deduction of allowances Less: Base taxable wages Amount of wages in excess of base taxable wages Times rate for excess of base taxable wages Taxes on wages in excess of base taxable wages Plus: Base Tax from chart Federal income tax $2,800.00 421.14 2,378.86 921.00 1,457.86 10% 218.68 61.30 $279.98

MJC Revised 12/2011

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