Calculate State Payroll Withholding Taxes Based on the Chart
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Tax Table
BIWEEKLY PAYROLLS
Single
If wages are Vermont withholding is
over but not over
$0 $102 $0 of amount over
102 1,289 0 + 3.60% $102
1,289 2,964 42.73 + 7.20% 1,289
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Solution Summary
The solution explains how the calculations are done and then gives examples of calculations at several payroll levels.
Solution Preview
Here are several examples using different amounts of payroll
Wages of $500: the withholding tax is calculated as 500 - 102 = 0 + 3.6% on the excess over 102
398 x .036 = $14.33
$1000: calculated as 1000 - 102 = 0 + 3.6% on ...
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