Married (Regardless of the Number of Exemptions) Tax Withholding Table Single (Regardless of the Number of Exemptions) Tax Withholding Table Note: To calculate the annualized Federal withholding tax, multiply the biweekly Federal income tax withholding by the number of pay dates in the tax year. The annualized Federal withholding tax to be deducted cannot exceed the maximum amount shown in the following tables based on marital status and the annualized gross pay calculated in step 4: Subtract the employee's annualized Federal withholding tax from the annualized gross pay to determine annualized taxable wages.Multiply the adjusted gross biweekly wages by the number of pay dates in the tax year to obtain the gross annualized wages.Add the taxable biweekly fringe benefits (e.g., taxable life insurance) to the amount computed in step 2 to obtain the adjusted gross biweekly wages.Subtract the nontaxable biweekly Federal Employees Health Benefits Plan payment(s) (includes dental and vision insurance program and Flexible Spending Account - health care and dependent care deductions) from the amount computed in step 1.Subtract the nontaxable biweekly Thrift Savings Plan contributions from the gross biweekly wages.Withholding Formula (Effective Pay Period 04, 2023) Employees who have not previously submitted an OR W-4 and have not submitted a 2020 or newer Federal Form W-4, will default to the prior to 2020 Federal Form W-4 submission. State or Federal Exemptions (see the Additional Information section)Įmployees who have not previously submitted an OR W-4, and have submitted a 2020 or newer Federal Form W-4 or have not previously submitted a prior to 2020 Federal Form W-4, will default to the flat withholding tax rate of eight percent. OR-W-4 or W-4 (see the Additional Information section) No action on the part of the employee or the personnel office is necessary. The tax tables have changed for all filers. The annualized deduction for Federal tax withheld has changed from a maximum of $7,250 to $7,800.
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