To calculate your effective tax rate, you need two numbers: the total amount you paid in taxes and your taxable income for ...

Determine the amount of federal income tax to withhold. IRS Publication 15 Table 5 gives the rate for a single exemption for a day ($14.23), a week ($71.15), bi-weekly ($142.31), semimonthly ($154 ...

Learn how to calculate your effective tax rate using Microsoft Excel, what income tax rates to apply to your earned income, and what tax percentage applies to each span.

While employers can calculate payroll by hand using the IRS’s federal income tax withholding tables, a paycheck calculator, or a spreadsheet template, running payroll manually is time-consuming.

Using the information on your paycheck stub, you can estimate your tax refund for the year (or how much you'll owe). Here's how.

You can use a worksheet included with the W-4 to calculate additional withholding. Number of dependents if your income is less than $200,000 (or $400,000 if married, filing jointly).

The best and most accurate manner to do this is to refer to the most current IRS Publication 15a, which contains tables that give the right amount of tax to withhold based on employee data such as ...

Sales tax example: If you bought a pair of shoes for $100 in California, where the sales tax is just over 7%, you’d owe around $7 in sales tax, making your total purchase around $107 ($100 x 0. ...

The alternative minimum tax (AMT) calculation determines whether a taxpayer must pay an additional amount beyond their regular income tax liability. To calculate AMT, taxable income is adjusted by ...