0
No such thing. It is dependent on many items and even 2 employees at the identical job, with identical wage and benefits will frequently need much different amounts used (things like number of children, other income, amount and interest rate of a home mortgage, etc) effect it. The way to have the correct amount withheld is by completely and properly completing the for W-4, which has several helpful examples and models to make the right decision.
What else can I help you with?
What would be used to compute the federal income taxes to be withheld from an employee's earnings?
Wage bracket and withholding table
How much will paycheck be at 38000 a year claiming married 0?
I will assume you are paid weekly. $38,000 per year is $730.77 per week. Per the 2009 Circular E, the federal income tax withholding will be $72.00 (wage bracket method) or $71.16 (percentage method). Social Security withholding is 6.2%, or $45.31. Medicare withholding is 1.45%, or $10.60. I have no idea what, if any, state or local income taxes you have, so your net weekly paycheck will be approximately $603.70 less any state and/or income tax withholding.
What does FWH mean on a check stub?
Federal Withholding
Can your tax refund exceed your federal withholding amount?
Yes
What does FWT mean on payroll check stub?
Federal Withholding Tax
What would be used to compute the federal income taxes to be withheld from an employee's earnings?
Wage bracket and withholding table
Federal 2009 withholding tax tables?
What your asking for doesn't exactly exist...there are several different ways to calculate withholding. Explained: http://www.irs.gov/pub/irs-pdf/p15a.pdf
How much will paycheck be at 38000 a year claiming married 0?
I will assume you are paid weekly. $38,000 per year is $730.77 per week. Per the 2009 Circular E, the federal income tax withholding will be $72.00 (wage bracket method) or $71.16 (percentage method). Social Security withholding is 6.2%, or $45.31. Medicare withholding is 1.45%, or $10.60. I have no idea what, if any, state or local income taxes you have, so your net weekly paycheck will be approximately $603.70 less any state and/or income tax withholding.
Is federal withholding the same as fica?
Yes and no. Federal Withholding is usually Federal income tax. FICA is Social Security. Different percentage, goes to a different place.
What is total federal income tax withholding reported on the Thurstons' tax return?
16. The Thurstons' total federal income tax withholding is $
Am I subject to backup withholding of federal taxes?
You may be subject to backup withholding of federal taxes if you fail to provide your correct taxpayer identification number (TIN) or if the IRS notifies you that you are subject to backup withholding.
Is a retirement pension subject to Federal Income tax withholding?
Withholding is optional on regular periodic retirement pension payments. You may request withholding if you wish. Ask the payer for a withholding form. However, pension payments (except for return of employee after-tax contributions and Roth 401k employee contributions and earnings) are taxable. You will have to pay tax on them when you file your tax return at the end of the year. And if you don't have withholding, you may have to make quarterly estimated tax payments in order to avoid an underpayment penalty.
Why is federal withholding zero?
Federal withholding may be zero if an individual's income is below the minimum threshold for federal income tax or if they have claimed enough deductions and credits to offset their tax liability.
How much does PTO payout get taxed?
PTO payout is typically taxed as regular income, subject to federal and state income tax withholding. The specific amount of tax depends on your total income and tax bracket.
What is FITW in payroll?
Federal Income Tax Withholding.
What does FWH mean on a check stub?
Federal Withholding
Should you increase your withholding for 2009?
no because some people don't know what withholding is
