How to Calculate 2021 Federal Income Withhold Manually (with 2019 and Earlier W4 form)

(If your employee filled out the new 2021 Form W4, follow this guide)

ezPaycheck payroll software speeds up and simplifies payroll tax calculation, paycheck printing and tax reporting for small businesses. However if you like to calculate the taxes manually, you can find the step by step guide below.

Follow the steps in this sample 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.

Example: Karen is married filling jointly, with 1 allowance. Her salary rate is $39000. She receives one paycheck each month.

Steps to calculate the 2021 tax manually

1. Her yearly standard deduction is $4,300.00

3. Her yearly taxable income is:

39,000-4,300=$34,700.00

4. Yearly Federal tax

Check the yearly tax table for married person
https://www.halfpricesoft.com/federal_income_tax_2021.asp

1,990 + 12% x (34,700-32,100.00)=$2,302

federal tax table

5. For each paycheck, the federal tax is:

$2,302/12=$191.83

If you generate the paycheck with ezPaycheck payroll software, you will see the same result there.

The employee set up

Add a new paycheck and ezPaycheck will calculate the taxes automatically.

More Information

2021 Federal tax table

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 on paystub

How to Calculate 2021 Federal Income Withhold Manually with New W4 form

How to Calculate 2021 Federal Income Withhold Manually with Old 2019 W4 form

How to Calculate 2020 Federal Income Withhold Manually with New W4 form

How to Calculate 2020 Federal Income Withhold Manually with Old 2019 W4 form

How to Calculate 2019 Federal Income Withhold Manually

How to Calculate 2018 Federal Income Withhold Manually

ezPaycheck Makes Small to Midsize Business Payroll An Easy, In-House Task!

Trusted by Thousands of New and Seasoned Clients Each Year Since 2005.
Calculate Federal & State Taxes, Print Paychecks, Print W2, W3, 941 and 940.
Free General Customer Support

Try it free for 30 days with no obligation and no credit card needed. ezPaycheck is compatible with Windows and Mac.

**$139/calendar year - print paychecks in minutes**

No monthly fee. No hidden cost.