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2015-05-08T19:54:36Z
We have an employee who's weekly pay is 720.00. According to the WV tax table for the weekly payroll period, the amount withheld should be 33.00 for one withholding allowance. Your program withholds 26.00. We need your program to withhold the correct amount. Please reply ASAP.

Thank You

Tim
Casey
2015-05-08T19:57:31Z
Thanky you for using ezPaycheck payroll software . What is status for this employee Married or single.

I set up an employee as single, one allowance, weekly income 720. The state tax from ezPaycheck is $26. I also follow the steps to calculate it manually and got the same result. Please check the steps below.


View WV tax table and calculation steps here
http://www.halfpricesoft...te-WestVirginia-2015.asp 

Weekly income is $720

Step 4: Annual income:

720 * 52= $37,440

Step 5: Exemption Allowance = $2,000 x 1=$2000

So annual taxable income is 37440-2000=$35440

Step 6: Check tax table

900+ (35440-25000) * 4.5%= $1369.8 per year

For each paycheck

1369.8/52=26.34

round to nearest dollar is $26

If you still have questions, please request live chat contact us  at our support page. We need more details.


Thank you.

Casey
Please feel free to contact us directly  if you need assistance
Small Business Payroll & Tax Software Solution
https://www.halfpricesoft.com 
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