2012 Tax Tables- Part 1
FOR INFORMATION ONLY. PLEASE VERIFY ACCURACY USING THE
IRS PUB. 15 & STATE OF CA TAX TABLES (LINK BELOW)
UPDATED 1/01/12
Publication 15 (Rev. January 2012)
Circular E, Employers Tax Guide
Federal Tax Table
TABLE - 7 Annual Payroll Period
| (a) SINGLE person (including head of household)- | (b) MARRIED person | ||||||||||
| If the amount of wages (after subtracting withholding allowances) is: | The Amount of Income tax to withhold is: | If the amount of wages (after subtracting withholding allowances) is: | The Amount of Income tax to withhold is: | ||||||||
| Not over $2150 . . . | $0 | Not over $8100. . . . | $0 | ||||||||
| Over- | But not over- |
Of excess over- |
Over- |
But not over- |
Of excess over- |
||||||
|
$2150 |
$10850 |
10% |
$2150 |
$8100 |
$25500 |
10% |
$8100 |
||||
|
$10850 |
$37500 |
$870 +15% |
$10,850 |
$25500 |
$78800 |
$1740+15% |
$25500 |
||||
|
$37500 |
$87800 |
$4,867.50 +25% |
$37,500 |
$78800 |
$150800 |
$9735+25% |
$78800 |
||||
|
$87800 |
$180800 |
$17442.50 +28% |
$87,800 |
$150800 |
$225550 |
$27735+28% |
$150800 |
||||
|
$180800 |
$390500 |
$43482.50 +33% |
$180800 |
$1225550 |
$396450 | $48665 + 33% |
$225550 |
||||
|
$390500 |
$9,999,999 | $112683.50 +35% |
$390,500 |
$396450 |
$105062 +35% |
$396450 | |||||
2012 California Employers Guide
California Withholding schedule for 2012
TABLE 2-Estimated Deduction Table
| ADDITIONAL WITHHOLDING ALLOWANCES + | WEEKLY |
BI-WEEKLY |
SEMI-MONTHLY |
MONTHLY | QUARTERLY | SEMI-ANNUAL | ANNUAL | DAILY/MISC. |
|
1 |
$1,000 |
|||||||
|
2 |
$2,000 |
|
||||||
|
3 |
$3,000 |
|
||||||
|
4 |
$4,000 |
|
||||||
|
5 |
$5,000 |
|
||||||
|
6 |
$6,000 |
|
||||||
|
7 |
$7,000 |
|
||||||
|
8 |
$8,000 |
|
||||||
|
9 |
$9,000 |
|
||||||
|
10* |
$10,000 |
|
+ Number of additional withholding allowances for Estimated Deductions claimed on form DE-4 or W-4
* If number of additional withholding allowances for estimated deductions claimed is greater than 10, multiply the amount shown for one additional allowance by number claimed.
TABLE 3- Standard Deduction Table
|
PAYROLL PERIOD |
SINGLE, DUAL INCOME MARRIED OR MARRIED WITH MULTIPLE EMPLOYERS |
MARRIED |
UNMARRIED HEAD OF HOUSEHOLD |
|
|
‘’0’OR ‘1’ |
‘2’ OR MORE |
|||
| ANNUAL |
$3,769 |
$3,769 |
$7,538 |
$7,538 |
TABLE 4-EXEMPTION ALLOWANCE TABLE
PAYROLL PERIOD
| ALLOWANCES ON DE- OR W-4 | WEEKLY |
BI-WEEKLY |
SEMI-MONTHLY |
MONTHLY | QUARTERLY | SEMI-ANNUAL | ANNUAL | DAILY/MISC. |
|
0 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
$0.00 |
|
1 |
$112.20 |
|||||||
|
2 |
$224.40 |
|||||||
|
3 |
$336.60 |
|||||||
|
4 |
$448.80 |
|||||||
|
5 |
$561.00 |
|||||||
|
6 |
$673.20 |
|||||||
|
7 |
|
$785.40 |
||||||
|
8 |
$897.60 |
|||||||
|
9 |
$1009.80 |
|||||||
|
10* |
$1122.00 |
* If number of allowances claimed exceeds 10, you may determine the amount of tax credit to be allowed by multiplying the amount for one allowance by the total number of allowances