2007-03-13 15:49:27 · 4 answers · asked by Simeon 1 in Business & Finance ➔ Taxes ➔ United States
well, I have the amount, I am not interested in calculating it, I want to know how is calculated. So, I don't need a calculator, I need the formula...
2007-03-13 16:12:26 · update #1
Get a copy of IRS Pub 15, Circular E, Employer's Tax Guide, from the IRS website. It has the formulae and tables for withholding in it. It's far too complex to try to reproduce it here.
2007-03-14 02:37:32 · answer #1 · answered by Bostonian In MO 7 · 0⤊ 0⤋
Just go to the paycheck calculator at paycheckcity.com
2007-03-13 22:51:46 · answer #2 · answered by Anonymous · 0⤊ 1⤋
it depends on how many dependants you claim on your w-4. you filled out the w-4 when you started your job.
2007-03-20 16:46:02 · answer #3 · answered by Anonymous · 0⤊ 0⤋
http://www.irs.gov/publications/p15/
It tells you step by step.
2007-03-14 00:22:26 · answer #4 · answered by Anonymous · 1⤊ 0⤋