Taken from IRS data, effective through December, 2008
(percentage method of withholding)
|
Rate of Withholding
|
Marital Status
|
Weekly
Payroll |
Annual Payroll
|
|||||
| 10% | single |
51.
|
-
|
195.
|
2,650.
|
-
|
10,120.
|
|
| married |
154.
|
-
|
449.
|
8,000.
|
-
|
23,350.
|
||
| 15% | single |
195.
|
-
|
645.
|
10,120.
|
-
|
33,520.
|
|
| married |
449.
|
-
|
1,360.
|
23,350.
|
-
|
70,700.
|
||
|
|
|
|
|
|
||||
| 25% | single |
645.
|
-
|
1,482.
|
33,520.
|
-
|
77,075.
|
|
| married |
1,360.
|
-
|
2,573.
|
70,700.
|
-
|
133,800.
|
||
|
|
|
|
|
|
||||
| 28% | single |
1,482.
|
-
|
3,131.
|
77,075.
|
-
|
162,800.
|
|
| married |
2,573.
|
-
|
3,907.
|
133,800.
|
-
|
203,150.
|
||
|
|
|
|
|
|
||||
| 33% | single |
3,131.
|
-
|
6,763.
|
162,800.
|
-
|
351,650.
|
|
| married |
3,907.
|
-
|
6,865.
|
203,150.
|
-
|
357,000.
|
||
|
|
|
|
|
|
||||
| 35% | single |
over
|
|
6,763.
|
351,650.
|
|
or more
|
|
| married |
over
|
|
6,865.
|
357,000.
|
|
or more
|
||
|
|
|
|
|
|||||
FICA (social security)
Rate: 6.2%
Maximum Earnings: $102,000.
Exemption Allowance: $0
Medicare
Rate: 1.45%
Maximum Earnings: No Limits
Exemption Allowance: $0
State, County, City and Other Local Taxes:
See your accountant and state Department of Revenue for particulars. You may also see our State Personal Income Tax Rates page.
This guideline is provided as a courtesy to our customers. Consult your tax preparer for details.