Federal Income Tax Withholdings Calculator
Federal Income Taxes are a percentage of all taxable income (wages, interest earned, capital gains, etc.) that must be paid to the federal government by businesses and individuals. If you work for an employer, a percentage of each paycheck is withheld to account for this throughout the year.
This calculator will help you determine how much is being withheld as a percentage and as a monthly dollar amount.
This is not intended as a guide for the preparation of tax returns, nor should it be constructed as legal, accounting or tax advice. This coach/calculator is for informational purposes only and its use does not guarantee an extension of credit.
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1This material was prepared by FMG Suite, and the information given has been derived from sources believed to be accurate. This is not intended as a guide for the preparation of tax returns, nor should it be construed as legal, accounting or tax advice. This information is subject to legislative changes and is offered “as is”, without warranty of any kind. Publisher and provider assume no obligation to inform readers of any changes in tax laws or other factors that could affect the information contained herein