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

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.