+Gross Pay -Pension (PreTax) -Health (PreTax) -After Tax Deds -Social Security -Medicare -Federal Withholding -State Withholding =Net Pay
This paycheck calculator calculates in both directions: Enter the gross pay to calculate deductions to arrive at net pay or enter the net pay to "gross up" the paycheck. If you need any assistance with this calculator, please do not hesitate to contact us.
If you do not want federal or state withholding just enter 999 in the Allowances box.
YTD SSEC Wages
Unless your YTD Social Security Wages is approaching $106,800, you do not need to fill this in. Enter your Social Security Year-To-Date Wages before the current paycheck.
The federal withholding is based on the percentage method derived from Publica (for use in 2010) issued in December of 2009.
Effective for wages paid after December 31, 2009 through June 30, 2010, the allowable percentages for Arizona are:
For those whose annual compensation will be $15,000 or more: 20.3%, 24.5%, 26.7%, 33.1%, or 39.5%.
For those whose annual compensation will be less than $15,000: 10.7%, 20.3%, 24.5%, 26.7%, 33.1%, or 39.5%
Fed % of Gross
Percentages are typically 25% - 35% for accepted methods that withhold a flat percentage of gross federal wages.
YTD Wages YTD Fed Withholding YTD Pay Units Annual Pay Units Current Pay Units
An employee may ask you, in writing, to withhold tax on cumulative wages. While this method is an accepted method, the more conventional methods are preferred. See Rev. Proc. 78-8, 1978-1 C.B. 562, for an example of the cumulative method.
HOW TO USE THIS SECTION. This can be a very tricky calculation. The Units can be anything you want (i.e. pay periods, pieces, dollars, days, etc). Annual Pay Units are the total amount of units you expect to be in the entire year. Enter Year-To-Date amounts before the current paycheck. To calculate wages using a cumulative method, all above fields are required. If you wish to calculate wages using an annualized method, just enter Annual Pay Units and Current Pay Units.
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