The Small Business Tax Help Blog

Posts Tagged ‘tax withholding allowances calculator’

Question: How much should this person get taken out for federal withholding tax weekly?

Single person, with 8 allowances. Earns $1600 weekly. We had a secretary doing mess ups with the company, and when I try to calculate this persons federal taxes for payroll, I am confused due to the high earning and the percent crap you have to do. Does anyone know how I calculate this for federal withholding taxes, or where online can I get a calculator to help me?? Anything would be helpful…thanks.

Answer: That’s $83,200 a year. So that would put them in the 25% federal income tax bracket, plus a 7.65% payroll tax.

That’s $27,164.80 in total taxes, so that’s $522.40 total withholding every week. I hope this helps.

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