Below are the Federal figures needed in the Tax Table Maintenance program (Task 23 in the Payroll module).  The ‘codes’ indicate its purpose, for example: USWKLY means Weekly Single rates for Federal Withholding.  US- United States; WK – Weekly; SL – Single.  Please see the document titled:  2012 Tax Tables and FICA Limits for additional information, especially regarding FICA limits, printing W2 forms and first payroll for a new year.

 

These rates are based on the http://www.irs.gov/ website “Notice 1036 withholding guide”. The “Notice 1036 withholding guide” says the tax rate for social security is 6.2% for each employee and employer.  To verify you may contact the IRS, Telephone assistance for Businesses: Toll-Free, 1-800-829-4933 

 

  

            USWKSL                    Exempt $        75.00

 

WEEKLY, SINGLE             BREAK                      TAX                RATE

Field 9                                     7735.00                       2234.13           39.6

Field 10                                   7703.00                       2222.93           35

Field 11                                   3566.00                         857.72           33

Field 12                                   1732.00                         344.20           28

Field 13                                     739.00                          95.95           25

Field 14                                     214.00                           17.20           15

Field 15                                       42.00                           00.00           10

Fields 16 – 20, all zeroes

 

 

            USWKMR                  Exempt $        75.00

 

WEEKLY, MARRIED         BREAK                      TAX                RATE

Field 9                                     8813.00                       2419.90           39.6

Field 10                                   7820.00                       2072.35           35

Field 11                                   4449.00                        959.92           33

Field 12                                   2975.00                        547.20           28

Field 13                                   1554.00                        191.95           25

Field 14                                     503.00                           34.30           15

Field 15                                     160.00                           00.00           10                                           

Fields 16 –20, all zeroes

 

 

            USBISL                      Exempt $        150.00

 

BIWEEKLY, SINGLE          BREAK                      TAX                RATE            

Field 9                                    15469.00                      4467.69           39.6

Field 10                                  15406.00                      4445.64           35

Field 11                                   7133.00                      1715.55           33

Field 12                                   3463.00                        687.95           28

Field 13                                   1479.00                        191.95           25

Field 14                                      428.00                          34.30           15

Field 15                                       85.00                          00.00           10       

Fields 16 – 20, all zeroes

 

            USBIMR                     Exempt $        150.00 

 

BIWEEKLY, MARRIED      BREAK                      TAX                RATE

Field 9                                     17627.00                     4840.25           39.6

Field 10                                   15640.00                     4144.80           35

Field 11                                     8898.00                     1919.94           33

Field 12                                     5950.00                     1094.50           28

Field 13                                     3108.00                       384.00           25

Field 14                                     1006.00                         68.70           15

Field 15                                       319.00                         00.00           10

Field 16 – 20, all zeroes

 

 

            USSMSL                    Exempt $        162.50

SEMIMONTHLY, SINGLE  BREAK                      TAX                RATE

Field 9                                     16758.00                     4839.99           39.6

Field 10                                   16690.00                     4816.19           35

Field 11                                     7727.00                     1858.40           33

Field 12                                     3752.00                       745.40           28

Field 13                                     1602.00                       207.90           25       

Field 14                                       464.00                         37.20           15

Field 15                                         92.00                         00.00           10       

Fields 16 – 20, all zeroes

 

            USSMMR                   Exempt $        162.50 

 

SEMIMONTHLY, MARRIED      BREAK                      TAX                RATE

Field 9                                     19096.00                     5243.54           39.6

Field 10                                   16944.00                     4490.34           35

Field 11                                     9640.00                     2080.02           33

Field 12                                     6446.00                     1185.70           28

Field 13                                     3367.00                       415.95           25

Field 14                                     1090.00                         74.40           15

Field 15                                       346.00                          00.00          10       

Fields 16 –20, all zeroes

 

 

            USMOSL                   Exempt $        325.00

 

MONTHLY, SINGLE           BREAK                      TAX                RATE

Field 9                                     33517.00                     9680.50           39.6

Field 10                                   33379.00                     9632.20           35

Field 11                                   15454.00                     3716.95           33

Field 12                                     7504.00                     1490.95           28

Field 13                                     3204.00                       415.95           25

Field 14                                       927.00                         74.40           15

Field 15                                       183.00                         00.00           10       

Fields 16 – 20, all zeroes

 

            USMOMR                  Exempt $        325.00

 

MONTLY, MARRIED          BREAK                      TAX                RATE

Field 9                                     38192.00                   10487.28           39.6

Field 10                                   33888.00                     8980.88           35

Field 11                                   19279.00                     4159.91           33

Field 12                                   12892.00                     2371.55           28

Field 13                                     6733.00                       831.80           25

Field 14                                     2179.00                       148.70           15

Field 15                                       692.00                         00.00           10

Fields 16 – 20, all zeroes