Small Business Tools & Forms
Free Business Downloads
There are several methods to figure income tax withholding, based on information you get from your employees on Form W-4, Employee's Withholding Allowance Certificate. This method is called the Percentage Method.
Under the percentage method, multiply one withholding allowance for your payroll period by the number of allowances the employee claims on his or her Form W-4. Then subtract that figure from the employee's wages and look up the resulting amount in the Income Tax Withholding Payment Tables for 2014: Percentage Method for the appropriate payroll period and employee's marital status.
(If you would like, you can also use the wage bracket method of figuring withholding.)
The file is in Adobe Portable Document Format (.pdf) and you will need the free Acrobat Reader to view and print the file.
Toolkit is providing these tools free of charge. Some of these forms contain technical language and create significant legal obligations. Do not use any form without first having an attorney review the form and determine that it is suitable for the purpose for which you intend it.