![]() The 2016 withholding allowance amounts by payroll period are as follows: Payroll Periodĭaily or Miscellaneous (each day of the payroll period)Įmployers using the percentage method tables may round the tax for the pay period to the nearest dollar, so long as rounding is used consistently. The wage amounts shown in the tables are net wages after total withholding allowances have been deducted. The withholding allowance amounts by payroll period have changed from the 2015 amounts. An employer may use the tables to determine the amount of income tax to withhold from an employee's pay in lieu of the wage bracket method withholding tables. The IRS has released advance copies of the federal percentage method withholding tables effective for wages paid in 2016. 2016 Federal Percentage Method Withholding Tables Released by IRSĪuthor: Rena Pirsos, XpertHR Legal Editor ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |