Annual wages up to $50,000
Single with less than 3 allowances
BASE = wages - federal tax withheld (not to excede $6,950.00) - standard deduction ($2,315.00[S])
At least | Not over | Withholding Formula |
---|---|---|
0.00 | 3,600.00 | 210.00 + [BASE x 0.0475] - (210.00 * allowances) |
3,600.00 | 9,050.00 | 381.00 + [(BASE - 3,600.00) * 0.0675] - (210.00 * allowances) |
9,050.00 | 50,000.00 | 749.00 + [(BASE - 9,050.00) * 0.0875] - (210.00 * allowances) |
Annual wages up to $50,000
Married, or single with 3 or more allowances
BASE = wages - federal tax withheld (not to excede $6,950.00) - standard deduction ($4,630.00[M])
At least | Not over | Withholding Formula |
---|---|---|
0.00 | 7,200.00 | 210.00 + [BASE x 0.0475] - (210.00 * allowances) |
7,200.00 | 18,100.00 | 552.00 + [(BASE - 7,200.00) * 0.0675] - (210.00 * allowances) |
18,100.00 | 50,000.00 | 1,288.00 + [(BASE - 18,100.00) * 0.0875] - (210.00 * allowances) |
Annual wages over $50,000
Single with less than 3 allowances
If single and wages are greater than $100,000 then allowances = 0
BASE = wages - federal tax withheld (not to exceed [PHASE OUT]) - standard deduction ($2,315[S])
At least | Not over | Withholding Formula |
---|---|---|
40,735.00 | 125,000.00 | 539.00 + [(BASE - 9,050.00) * 0.0875)] - (210.00 * allowances) |
125,000.00 | & Over | 10,685.00 + [(BASE - 125,000.00) x 0.099] - (210.00 * allowances) |
Annual wages over $50,000
Married, or single with 3 or more allowances
If single and wages are greater than $100,000 then allowances = 0
If married and wages are greater than $200,000 then allowances = 0
BASE = wages - federal tax withheld (not to exceed [PHASE OUT]) - standard deduction ($4,545[M])
At least | Not over | Withholding Formula |
---|---|---|
38,420.00 | 250,000.00 | 1,078.00 + [(BASE - 18,100.00) * 0.0875)] - (210.00 * allowances) |
250,000.00 | & Over | 21,369.00 + [(BASE - 250,000.00) x 0.099] - (210.00 * allowances) |
[M] PHASE OUT | [S] PHASE OUT | ||||||||||||||||||||||||||||||||||||||||||
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Supplemental wages: 9.00%
Worker's Benefit Fund: 2.20 cents per hour or partial hour worked. Employers must pay at least half of the amount (1.10 cents per hour)
Transit Tax: 0.10% of gross wages
Note(s):
Suburban Computer Services, Inc
Phone: (586) 465-7838
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