federal income tax withholding

admin — Sat, 11 Jul 2009 08:11:54 +0000

Federal Withholding Tax Table for Wages Paid April 1, 2009 and After

Biweekly Payroll Period					Monthly Payroll Period
Single Persons					Single Persons
If Taxable Income Is…		Computed Tax Is…			If Taxable Income Is…		Computed Tax Is…
Over	But Not Over	The total of this column plus»	The % in this column times»	The amount over (Taxable income less the amount in this column)	Over	But Not Over	The total of this column plus»	The % in this column times»	The amount over (Taxable income less the amount in this column)
0	276	No Tax Withheld			0	598	No Tax Withheld
276	400	0	10%	276	598	867	0	10%	598
400	1,392	12.40	15%	400	867	3,017	26.90	15%	867
1,392	2,559	161.20	25%	1,392	3,017	5,544	349.40	25%	3,017
2,559	6,677	452.95	28%	2,559	5,544	14,467	981.15	28%	5,544
6,677	14,423	1,605.90	33%	6,677	14,467	31,250	3,479.59	33%	14,467
14,423	Over	4,162.17	35%	14,423	31,250	Over	9,017.98	35%	31,250
Married Persons					Married Persons
If Taxable Income Is…		Computed Tax Is…			If Taxable Income Is…		Computed Tax Is…
Over	But Not Over	The total of this column plus»	The % in this column times»	The amount over (Taxable income less the amount in this column)	Over	But Not Over	The total of this column plus»	The % in this column times»	The amount over (Taxable income less the amount in this column)
0	606	No Tax Withheld			0	1,313	No Tax Withheld
606	940	0	10%	606	1,313	2,038	0	10%	1,313
940	2,910	33.40	15%	940	2,038	6,304	72.50	15%	2,038
2,910	4,543	328.90	25%	2,910	6,304	9,844	712.40	25%	6,304
4,543	8,331	737.15	28%	4,543	9,844	18,050	1,597.40	28%	9,844
8,331	14,642	1,797.76	33%	8,331	18,050	31,725	3,895.08	33%	18,050
14,642	Over	3,880.42	35%	14,642	31,725	Over	8,407.83	35%	31,725

Employees Taxable Income

Biweekly Employees Allowance: Gross less (number of allowances per W-4 form x $140.38).
Monthly Employees Allowance: Gross less (number of allowances per W-4 form x $304.17).

Flat Tax Rate

Supplemental Flat Tax Rate is 25% for Federal and 6% for the State of California.
Bonus Flat Tax Rate is 25% for Federal and 9.3% for the State of California.

Social Security (FICA): The Social Security wage base for 2009 is $106,800. There is no wage base limit for Medicare. The Social Security tax rate will remain 7.65% for employees and employers. It is composed of 6.2% for OASDI (Old Age, Survivors, and Disability Insurance) and 1.45% for Medicare (Hospital Insurance).

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federal income tax withholding