Federal Payroll Tax Calculator
This Federal Regular Supplemental Tax Calculator is the Online Payroll Tax calculator with the latest 2011 Version with free of cost.
In this
Federal Regular Supplemental Tax Calculator Screen you can calculate the Combination of
Federal Regular Taxes and
Supplemental Taxes for an employee when he/she has both the regular and supplemental wages. If you enter the gross value with personal exemptions and by choosing marital status, when you click on the GENERATE TAX button, it will display the Employee Paystub. In that Paystub, you can view EE related payroll taxes like (EE FICA (for Federal Insurance Contributions Act), EE Medicare and Withholding Taxes), Net pay as well as Employer contributed payroll taxes (like ER FICA, ER Medicare and FUTA
(Federal Unemployment Tax)).
If you have bonus wages to be accounted for, select “YES” for the Bonus Pay. If you want to calculate 401(K) EE Contribution for Regular wages, then enter non-negative amount in input data field named "401(K) EE Contribution(R) " and enter non-negative amount to contribute towards EE 401K from Supplementary wages in the input field named "401 (K) EE Contribution(S)" .
As per tax laws of IRS, we do keep wage bases of regular and supplemental wages separate to handle tax calculations correctly. We also let you enter input data for
Year-To-Date Wages (YTD-W) and
Year-To-Date Wages (YTD-T) to retroactively adjust payroll taxes (Pay-as-you-go IRS system).
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