|
Social Security Tax:
-
Tax Rate: 6.2% each for employers and
employees.
-
Wage Base: $106,800.
Medicare Tax:
-
Tax Rate: 1.45% each for employers and
employees.
-
All wages subject to Medicare tax.
Federal Unemployment (FUTA) Tax:
-
Tax Rate: 6.2% before state credits
(employers only) (0.8% after credits).
-
Wages Base: $7,000
Amount for one withholding allowance:
$3,650.00.
Single Person
(including head of household)
Not over $6050 ...............Tax withheld
is $0.
|
Over |
But Not Over |
|
|
Of Excess Over |
|
$6050 |
$10,425 |
|
|
10% $6050 |
|
$10,425 |
$36,050 |
$437.50 |
Plus |
15% $10,425 |
|
$36,050 |
$67,700 |
$4281.25 |
Plus |
25% $36,050 |
|
$67,700 |
$84,450 |
$12,193.75 |
Plus |
27% $67,700 |
|
$84,450 |
$87,700 |
$16,716.25 |
Plus |
30% $84,450 |
|
$87,700 |
$173,900 |
$17,691.25 |
Plus |
28%
$87,700 |
|
$173,900 |
$375,700 |
$41,827.25 |
Plus |
33% $173,900 |
|
$375,700 |
$99999999999999 |
$108,421.25 |
Plus |
35% $375,700 |
Married
Person
Not over $13,750 .............Tax withheld
is $0.
|
Over |
But Not Over |
|
|
Of Excess Over |
|
$13,750 |
$24,500 |
|
|
10% $13,750 |
|
$24,500 |
$75,750 |
$1075 |
Plus |
15% $24,500 |
|
$75,750 |
$94,050 |
$8,762.50 |
Plus |
25% $75,750 |
|
$94,050 |
$124,050 |
$13,337.50 |
Plus |
27% $94,050 |
|
$124,050 |
$145,050 |
$21,437.50 |
Plus |
25% $124,050 |
|
$145,050 |
$217,000 |
$26,687.50 |
Plus |
28% $145,050 |
|
$217,000 |
$381,400 |
$46,833.50 |
Plus |
33% $217,000 |
|
$381,400 |
$9999999999999 |
$101,085.50 |
Plus |
35% $381,400 |
* Unlimited, entry needs to be lager than
largest payroll paid to any one individual |
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