Existing values are loaded
& displayed when this form loads. To change an existing value, just enter the
new value, or hit return/enter on a blank line to advance to new field & leave
the existing value unchanged.
All values needed to
keep this table up to date can be found in IRS Publication 15 (Circular E).
Shows Updated Values for 2011)
FICA / Medicare: Hopefully
these items are self-explanatory
FICA - Seperate entries have been added for Employoer's
& Employee's share
Withholding Allowances: This
value comes from Table 5.
lower part of the -Update
Tax Table Form- uses
values that can be found in Table
1of the Tables for Percent Method of Withholding, as shown below.
Just follow the colored
arrows to fill in the various boxes.
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