PRODUCT DOWNLOAD PURCHASE SUPPORT DEALS ONLINE  CART
 

Federal Income Tax Tables 2020

Federal Income Tax Tables:  2022 |  2021 |  2020 |  2019 |  2018 |  2017 |  2016 |  2015 |  2014 |  2013 |  2012 | 


In House ezAccounting for Small Business
Track Income and Cost
Print Invoice, Receipt, Checks
Try It Free for 30 Days Now

Tables for Percentage Method of Withholding.

(for Wages Paid in 2020)

The following payroll tax rates tables are from IRS Publication 15 T. The tables include federal withholding for year 2020 (income tax), FICA tax, Medicare tax and FUTA taxes.

Tax Maximum Earnings Rate
Social Security Tax $137,700.00 6.20% for the employee and 6.2% for employer
Medicare Unlimited 1.45% for employee and employer
over $200,000 ($250,000 for married couples filing jointly) Additional 0.9% for the part in excess of $200,000 in a calendar year. Employee only.

  • For 2019 W-4
  • Deductions per dependent: $4,300.00 if the Form W-4 is from 2019 or earlier, or if the Form W-4 is from 2020 or later and the box in Step 2 of Form W-4 is NOT checked.

  • For 2020 W-4
  • If the box in W4 Step 2 is not checked, substract standard $12,900 for married filling jointly, $8,600 for single or head of household. If box in W4 Step 2 is checked, 0 decuction.

    STANDARD Withholding Rate Schedules (Use these if the Form W-4 is from 2019 or earlier, or if the Form W-4 is from 2020 or later and the box in Step 2 of Form W-4 is NOT checked.)

    If the Adjusted Annual Wage Amount (line 2a) is at least ... but less than... The tentative amount to withhold is…

    Plus this percentage...

    of the amount that the Adjusted Annual Wage exceeds…
    Married Filing Jointly
    $0 $11,900 $0 0% $0
    $11,900 $31,650 $0.00 10% $11,900
    $31,650 $92,150 $1,975.00 12% $31,650
    $92,150 $182,950 $9,235.00 22% $92,150
    $182,950 $338,500 $29,211.00 24% $182,950
    $338,500 $426,600 $66,543.00 32% $338,500
    $426,600 $633,950 $94,735.00 35% $426,600
    $633,950 $167,307.50 37% $633,950
    Single or Married Filing Separately
    $0 $3,800 $0.00 0% $0
    $3,800 $13,675 $0.00 10% $3,800
    $13,675 $43,925 $987.50 12% $13,675
    $43,925 $89,325 $4,617.50 22% $43,925
    $89,325 $167,100 $14,605.50 24% $89,325
    $167,100 $211,150 $33,271.50 32% $167,100
    $211,150 $522,200 $47,367.50 35% $211,150
    $522,200 $156,235.00 37% $522,200
    Head of Household
    $0 $10,050 $0.00 0% $0
    $10,050 $24,150 $0.00 10% $10,050
    $24,150 $63,750 $1,410.00 12% $24,150
    $63,750 $95,550 $6,162.00 22% $63,750
    $95,550 $173,350 $13,158.00 24% $95,550
    $173,350 $217,400 $31,830.00 32% $173,350
    $217,400 $528,450 $45,926.00 35% $217,400
    $528,450 $154,793.50 37% $528,450


  • How to Calculate Federal Tax Manually

  • How to Calculate Federal Tax Automatically and Withhold It from Each Paycheck

  • How to Create After the Fact Paychecks and Generate the Paystubs

  • How to Make Federal Income Tax Deposit

  • Why the federal income tax is not correct



  • Form W-4, Step 2, Checkbox, Withholding Rate Schedules (Use these if the Form W-4 is from 2020 or later and the box in Step 2 of Form W-4 IS checked.)

    If the Adjusted Annual Wage Amount (line 2a) is at least ... but less than... The tentative amount to withhold is… Plus this percentage... of the amount that the Adjusted Annual Wage exceeds…
    Married Filing Jointly
    $0 $12,400 $0.00 0% $0
    $12,400 $22,275 $0.00 10% $12,400
    $22,275 $52,525 $987.50 12% $22,275
    $52,525 $97,925 $4,617.50 22% $52,525
    $97,925 $175,700 $14,605.50 24% $97,925
    $175,700 $219,750 $33,271.50 32% $175,700
    $219,750 $323,425 $47,367.50 35% $219,750
    $323,425 $83,653.75 37% $323,425
    Single or Married Filing Separately
    $0 $6,200 $0.00 0% $0
    $6,200 $11,138 $0.00 10% $6,200
    $11,138 $26,263 $493.75 12% $11,138
    $26,263 $48,963 $2,308.75 22% $26,263
    $48,963 $87,850 $7,302.75 24% $48,963
    $87,850 $109,875 $16,635.75 32% $87,850
    $109,875 $265,400 $23,683.75 35% $109,875
    $265,400 $78,117.50 37% $265,400
    Head of Household
    $0 $9,325 $0.00 0% $0
    $9,325 $16,375 $0.00 10% $9,325
    $16,375 $36,175 $705.00 12% $16,375
    $36,175 $52,075 $3,081.00 22% $36,175
    $52,075 $90,975 $6,579.00 24% $52,075
    $90,975 $113,000 $15,915.00 32% $90,975
    $113,000 $268,525 $22,963.00 35% $113,000
    $268,525 $77,396.75 37% $268,525


    accounting software ezAccounting software is the right in house accounting solution for small businesses needing to document and report on incoming and outgoing cash flow including sales, receipts, payments and purchases. It also supports payroll processing and tax form printing.

    If you have not installed this software, you can download and try it free with no obligation and no credit card needed.

    This accounting software is compatible with Windows 11, 10, 8, 7, Vista and other Windows computers.

    $50 Off!!! 2022 ezAccounting $129 (Regular: $179)

    ezAccounting makes it easy to track income and cost!

        


    Related Links

  • Sample Paychecks

  • EzPaycheck Payroll Software For Small Businesses

  • ezPaycheck payroll software 30-day free DEMO download

  • How to make 941 federal deposit

  • How to handle FUTA and SUTA

  • How to print QuickBooks Checks on blank stock

  • State Tax Tables

  • Federal Tax tables

  • How to handle local income taxes

  • Employment Tax Due Dates

  • How to Print and File W2 Forms

  • How to Print and File 1099 Forms