PAYROLL - PR2012P FEDERAL PAYROLL TAX TABLE 5:16PM 07/18/96
Release 2.0A Government Agency PAGE 1
DATE LAST UPDATED: 01/03/96
--- GENERAL INFORMATION ---
DED EACH EXEMPTION: 2,550 FICA RATE: 6.20% FICA MAX: 62,700
MEDICARE: 1.45% MEDI MAX: 999,999
.................... TAX TABLES ....................
- - - - MARRIED - - - -
BRACKET RATE MIN. TAX BEGINS AT UP TO
# 1 15.00% 0.00 6,425 44,250
# 2 28.00% 5,673.75 44,250 89,675
# 3 31.00% 18,392.75 89,675 151,850
# 4 36.00% 37,667.00 151,850 267,900
# 5 39.60% 79,445.00 267,900 999,999
- - - - SINGLE - - - -
BRACKET RATE MIN. TAX BEGINS AT UP TO
# 1 15.00% 0.00 2,625 25,450
# 2 28.00% 3,423.75 25,450 53,725
# 3 31.00% 11,340.75 53,725 122,750
# 4 36.00% 32,738.50 122,750 265,200
# 5 39.60% 84,020.50 265,200 999,999