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Federal Payroll Tax Forms and Filing Addresses


Federal Forms, Explanations and Filing Addresses

Federal Forms Listing

Federal Publications Listing

Federal Tax Calendar

Federal Withholding Information

Federal Regular Withholding Formula here.

Federal Supplemental Withholding Formula here.

Personal exemption - $3,900 for 2013 and $3,950 for 2014

Social Security (Old age, survivors, and disability insurance):
6.2% on $118,500 for 2015 and $117,000 for 2014 (employee & employer)
12.4% on $118,500 in 2015 and $117,000 in 2014 for self employed

Medicare basic hospital insurance
1.45% on all wages (employee & employer)

Additional 0.9% Medicare tax on wages in excess of $200,000.
2.9% on net earnings (self employed)

FUTA wage base and rates
Effective June 30, 2011, 6.0% less credit for contributions to state funds up to 5.4% on $7,000 (employer). Prior to June 30, 2011, 6.2% less credit for contributions to state funds up to 5.4% on $7,000 (employer). If you are entitled to the maximum 5.4% credit, the FUTA tax rate after credit is 0.8% (0.6% after June 30, 2011). Certain states have lost part or all of this credit. Employers in those states need to check with their labor department to determine the current allowed credit for the state in question.

401(k)

Contribution limit is $17,500 for 2014, those age 50 and over can contribute up to $23,000.

Minimum Wage
Hourly minimum rate is $7.25 effective 7/24/09.

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federal tax

TAX TIDBIT ...To correctly calculate withholding near wage base limits, enter your Gross Salary Year-to-date. It's important for an accurate calculation and is usually found on your last pay stub.