Re: federal withholding tax
- From: Bobby <camaro46368@xxxxxxxxx>
- Date: Sat, 02 Jul 2005 17:46:32 -0500
$266.75 is the same answer I'm getting, but taken out of m check was
lot more. Guess my problem is why more is being taken out.
If I find out after vacation I'll post the answer.
Thanks for the help.
Bobby
On Sat, 2 Jul 2005 18:01:10 -0400, "Ron Coderre"
<roncoderre@xxxxxxxxxxx> wrote:
>Actually, the 2 websites that are pertinent here approach the same tax
>amount from different directions:
>
>Site 1 (http://www.bussvc.wisc.edu/ecbs/uw1170-federal-percentage.html):
>Taxable: 2,273.31
>Less: 869.00
>=Basis: 1,404.31
>x 15%=: 210.65
>+ base: 56.10
>Tax: 266.75
>
>
>
>Site 2 (http://www.irs.gov/publications/p15a/21453t30.html):
>Taxable: 2,273.31
>Less: 495.00
>=Basis: 1,778.31
>x 15%=: 266.75
>
>
>Regards,
>Ron
>
.
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