Wage Bracket Method
About Wage Bracket Method:
Wage Bracket Method (withholding) is a method of computing the amount of income tax to withhold. Wage amounts are divided into brackets for weekly, biweekly, semimonthly, and monthly payroll periods. The table for each period is further divided by the number of dependents.
claimed. The amount of income tax to be withheld is found by matching, in.
a wage bracket table, an employee's filing status, payroll period, gross pay for the period, and number of exemptions. Former IRC (check if this IRC provision is current here) §3402.
See Payroll Tax in the U.S. Legal Encyclopedia and Payroll Tax in the World Legal Encyclopedia.
See Tax exemption and Tax exemption.
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