Was this page helpful?
Thank you!

Comments or suggestions?



Enter Email Address (optional)
email

How QuickBooks calculates the federal withholding amount

Gross Wages

580.35

Less one semimonthly allowance

120.83

Equals the taxable wages

459.52

For this wage range, the tax is 15% of the amount over 110.00

 

Less threshold

-110.00

Tax is 15% of

349.52

Tax equals

52.43

Rounded to next whole dollar

52.00

KB ID# H_PAY_QB_CALC_FEDERAL_WITH
12/5/2016 9:44:45 PM
PPRDQSSWS400 9138 Pro 2017 831a83