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How to Calculate 2021 Federal Income Withhold Manually with New 2020 W4 form

(If your employee filled out the old 2019 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 employee submitted 2020 W4 Form

Example: John, married filling jointly, 2020 W4 form, semimonthly pay period, gross pay 1208.63 per paycheck.

Steps to calculate the 2021 tax manually

1. Download and print page 5 of Publication 15-T(2021)

https://www.irs.gov/pub/irs-pdf/p15t.pdf(full version)

2. Fill in box 1a to 2a



3. Refer to the 2021 federal tax tables for box 2b, 2c, and 2d.



4. Fill in box 2e to 4b
The federal tax is $16.28.


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 2020 taxes automatically.




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    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 2023 Federal Income Withhold Manually

  • How to Calculate 2022 Federal Income Withhold Manually

  • 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






  • Related Links:

  • ezPaycheck Quick Start Guide


  • How a add a new company account

  • How to handle both employees and contractors

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  • How to add a custom deduction and withhold it from each paycheck automatically

  • How to handle local taxes

  • How to handle State Disability Insurance (SDI)

  • How to print paycheck in different formats: check-on-top, check-in-middle, check-at-bottom or 3-per-page

  • How to print paycheck on blank stock

  • How to print paycheck on pre-printed checks

  • How to print paycheck with company logo

  • How to adjust check printing position

  • Sample Paychecks

  • Determine a Company's Name for e-Filing

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