Percentage method of withholding for
NONRESIDENT EMPLOYEES

Tax Rate Percentage "Taxable Income" Formula Lump Sum Distribution


Values of Personal Exemptions and Standard Deduction


Payroll
period
Amount of one
withholding
exemption
      15% allowance for
      Standard Deduction
      MIN          MAX
     Weekly       $ 46.15         $ 29.00      $ 38.50   
     Bi-weekly         92.30           58.00        77.00   
     Semimonthly        100.00           62.50        83.50   
     Monthly        200.00            125.00       167.00   
     Quarterly        600.00          375.00       500.00   
     Annually      2,400.00        1,500.00     2,000.00   
     Daily          6.57            4.15         5.50   

FORMULA
Total wages (before any deductions)
LESS allowance for standard deduction (15% of wages for payroll period with a minimum and maximum as set forth for the particular payroll period)
LESS value of exemptions (number of exemptions times the allowable amount for one exemption as shown for the applicable payroll period)
Equals.... TAXABLE INCOME
 

 

ALL payroll periods are taxed at the rate of

6.00%

on taxable income above the following limits:

 

If the payroll
period is
  DO NOT withhold on gross
wages less than:
        Weekly             $   96.00
        Bi-weekly                192.00
        Semi-monthly                208.00
        Monthly                417.00
        Quarterly              1,250.00
        Annually              5,000.00
        Daily                 13.70


Lump Sum Distribution of Annual Bonus

The amount to be withheld shall be
6.00%