This Federal Regular Tax Calculator is the Online Payroll Tax calculator with the latest 2011 Version with free of cost.
In this Regular Tax Calculator screen, you can calculate the Federal payroll taxes,Federal Withholding taxes for an employee who has regular 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 Federal Withholding Tax) Net pay as well as Employer contributed payroll taxes (like ER FICA, ER Medicare and FUTA (Federal Unemployment Tax).
You can also enter deductions like 401(k) EE contributions in the input data fields. We also let you enter input data for Year-To-Date Wages (YTD-W) and Year-To-Date Taxes (YTD-T) to retroactively adjust payroll taxes (Pay-as-you-go IRS system).