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Let's say the gross earning on 1 paycheck is $500.00 dollars, with W-1 how much would be taken out?

2006-09-16 03:25:55 · 1 answers · asked by Anonymous in Business & Finance Taxes United States

1 answers

The only reference to W-1 I found on the IRS site points to the 'Volunteer Return Preparation Program Facilitator's Guide'.

I'm guessing you mean 1 exemption on your W-4 form. The withholding amount also depends on you filing status and payroll period (weekly, monthly, etc.). See the link below for withholding tables.

2006-09-16 07:50:16 · answer #1 · answered by STEVEN F 7 · 0 0

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