Tax Withholding Calculator

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Tax Withholding Calculator Powered By Docstoc
					                                   PeopleSoft
                     Federal Withholding Tax Calculator 2008



                           Enter Data into the Yellow Cells Only

                              For Single Withholding Status

Gross Semimonthly Salary                                            $500.00
Semimonthly Before-Tax Deductions                                     $0.00
Semimonthly Taxable Gross                                           $500.00
Number of Pay Periods over which your Base Salary is Paid                24
Allowances                                                                0
Additional Witholding Requested Per Pay Period                        $0.00
Total Withholding Per Pay Period                                     $42.50

                              For Married Withholding Status

Gross Semimonthly Salary                                           $3,000.00
Semimonthly Before-Tax Deductions                                      $0.00
Semimonthly Taxable Gross                                          $3,000.00
Number of Pay Periods over which your Base Salary is Paid                 24
Allowances                                                                 0
Additional Witholding Requested Per Pay Period                         $0.00
Total Withholding Per Pay Period                                     $367.60

				
DOCUMENT INFO
Description: This is an example of tax withholding calculator. This document is useful for calculating withholding tax.