How do i calculate federal payroll taxes?

Answer Calculate federal income tax using the IRS Publication 15 (Circular E). Furthermore, consult your Form W-4 for your filing status and number of allowances.Apply the Internal Revenue Service's Circu... Read More »

Top Q&A For: How do i calculate federal payroll taxes

How to Figure Federal Taxes for a Payroll?

The Internal Revenue Service is the federal institution that administrates and enforces federal payroll tax laws. Employers are required to withhold federal income tax from employees' wages. Social... Read More »

How to Calculate Payroll Taxes?

Payroll taxes are made up of Federal and State tax amounts, Social Security amounts and Medicare taxes. Calculating payroll taxes for employees is an important and necessary part of operating a bus... Read More »

How much should be withheld from payroll for federal taxes?

Federal payroll tax withholdings vary depending on income and dependents. The IRS website has an IRS Withholding Calculator to help you determine the amount (see Resources).

How do I calculate payroll taxes on a bonus?

Payment MethodDetermine how you will pay the employee. Either add bonus income to earned income on a single paycheck or issue a separate check for the bonus.With Regular PaycheckSpecify tax withho... Read More »