W-4 and withholdings

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  • Roberts
    Senior Member
    • Sep 2005
    • 807
    #1

    W-4 and withholdings

    I have Quickbooks and another payroll program that I've transitioned towards.
    Is there a set equation to determine federal withholding per W-4 entry?
    I noticed when I enter the exact same W-4 data, the federal tax withheld is different.

    Just wondering.
    Tags: None
    • Y2KEA
      Senior Member
      • Nov 2005
      • 344
      #2
      Make sure your programs are updated to the 2014 withholding tables.

        Comment

        • Mo Sheets
          Senior Member
          • Jan 2009
          • 170
          #3
          Circular E, Employer's Tax Guide

          You can visit the IRS website and check the Circular E, Employer's Tax Guide for the most recent tax withholding tables. Compare this to the two different figures you are getting to determine the correct withholding amount. Good luck!

            Comment

            • DaveinTexas
              Senior Member
              • Jan 2006
              • 731
              #4
              Web Site

              This website, I have found, is pretty darn accurate and sometimes, maybe off a few cents. http://www.yourmoneypage.com/withhold/fedwh1.php

              I use it all the time to assist the client in adjusting their withholding; works well for that purpose.
              Circular 230 Disclosure:

              Don't even think about using the information in this message!

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