Payroll Services
Tables for Percentage Method of Withholding
(For Wages Paid in 2012)
Effective Jan. 1, 2012
To Calculate Withholding Tax for 2012
- Find your taxable gross at the bottom of the second column on the far right side of your earnings statement.
Note: With the exception of students from India, nonresident employees should add an additional $179.17 to their taxable gross calculation. This additional amount is added only once per month to the first check written. - Subtract $316.67 for each allowance claimed on My Paycheck Profile (or Form W-4).
- If claiming Single or Married but withholding at higher rate, use table (a) Single Person. If claiming Married, then use
table (b) Married Person.
- All encumbered (Monthly) checks paying for the same month (pay period) will be added together for tax purposes even if
written in separate months.
- All unencumbered (Hourly) checks with a check date in the same month will be taxed together regardless of the pay
period. They will also be added to any encumbered payments with a check date in the same month. Exceptions include
vacation checks (taxed separately) and award checks (25% of taxable gross).
- For additional withholding, the amount of tax is first calculated according to the withholding
allowances claimed on IRS Form W-4. The additional amount entered on Line 6 of IRS Form W-4 is added to that figure.
This amount is added only once per month to the first check written.
- Changes to withholding status made during the month will be applied to all payments that are taxed
together (as described in 4 and 5) for that month. This will occur even if one or more of those payments have already
been taxed using a different withholding status.
To Calculate Social Security Tax for 2012
Social Security taxes are 5.65 percent of gross wages subject to certain deductions. It is comprised of two parts:
- Social Security—4.2 percent on earnings up to the annual IRS wage limit of $110,100
- Medicare—1.45 percent on all earnings
This page is also available in PDF format: Withholding Table 2012*
*Note: Best viewed with Adobe Acrobat Reader 6.0 or later. Earlier versions may result in incomplete rendering of information. A free update of Adobe Acrobat Reader may be obtained from Adobe.
