CENTURY 21 ACCOUNTING © Thomson/South-Western

LESSON 12-2LESSON 12-2

Determining Payroll Tax Withholding

CENTURY 21 ACCOUNTING © Thomson/South-Western

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LESSON 12-2

EMPLOYEE’S WITHHOLDING ALLOWANCE EMPLOYEE’S WITHHOLDING ALLOWANCE CERTIFICATECERTIFICATE

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1. Write the employee’s name and address2. Write the employee’s social security number.3. Check the appropriate marital status block.4. Write the total number of withholding allowances claimed.5. The employee signs and dates the form.

CENTURY 21 ACCOUNTING © Thomson/South-Western

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LESSON 12-2

EMPLOYEE’S INCOME TAX WITHHOLDING EMPLOYEE’S INCOME TAX WITHHOLDING – MARRIED PERSONS– MARRIED PERSONS page 348

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1. Select the appropriate table.

2. Locate the employee’s total earnings.

3. Intersection of wages and number of allowances column.

CENTURY 21 ACCOUNTING © Thomson/South-Western

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LESSON 12-2

TERMS REVIEWTERMS REVIEW

payroll taxes withholding allowance social security tax Medicare tax tax base

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