Quantcast
Channel: Bogleheads.org
Viewing all articles
Browse latest Browse all 6081

Personal Finance (Not Investing) • I have a math problem (taxes)

$
0
0
I was under the impression the IRS has some sort of guidebook for payroll clerks so they could calculate the proper withholding for each employee, but all of this "logic" is probably now encapsulated in a payroll software program. Maybe the payroll software was updated to a new version?
It's all in Publication 15-T. I have a spreadsheet that for each of pay period (hours vary) calculates what the the pay stub should be. So far, federal withholding has always matched to the penny.
I totally agree, the withholding estimators are garbage IMHO and Pub 15-T is the bible.

Statistics: Posted by murrays — Mon Apr 01, 2024 2:18 pm — Replies 31 — Views 2024



Viewing all articles
Browse latest Browse all 6081

Trending Articles



<script src="https://jsc.adskeeper.com/r/s/rssing.com.1596347.js" async> </script>