The Amount Of Federal Income Taxes Withheld From An Employee’s Paycheck Is Determined By:

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The Amount Of Federal Income Taxes Withheld From An Employee’s Paycheck Is Determined By:

  • Current earnings for the pay period and number of withholding allowances the employee claims.
  • The employer’s merit rating.
  • The amount of social security taxes withheld.
  • Multiplying the gross pay by 6.2%.
  • Tax rates provided by the state in which the employee works.

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