THE UNIVERSITY OF AKRON
Office of the Assoc. VP/Controller
FEDERAL WITHHOLDING TAX TABLES
(Effective – January 1, 2015)
Bi-weekly Pay Period
The IRS has issued revised payroll withholding tables, to be effective with the first payroll paid in January 2015. Before
using the tables, please deduct/add the following amounts from/to your GROSS PAY as may be appropriate:
DEDUCT
1. Number of withholding ALLOWANCES claimed multiplied by $153.80 for BI-WEEKLY payroll period.
2. Tax Deferred Annuities and Deferred Compensation.
3. Retirement contribution for STRS @ 13.00%, SERS @ 10.00% or PERS-LE @ 13.00% of GROSS PAY.
4. Flexible Spending Account deduction for Health Care and/or Dependent Care and Vision.
5. UA Choice Benefits - When total of benefits price tags exceed the total Choice dollars, with the exception of
the cost of Dependent Life Insurance and Short Term Disability. Please refer to your UA Choice Benefits
Confirmation Statement.
6. Parking
ADD
1. Taxable benefits such as taxable life and graduate fee remission.
TABLE 2-BIWEEKLY Payroll Period
(a) SINGLE person (including head of household)
(b) MARRIED person
If the amount of wages (after
subtracting withholding allowances) is:
The amount of income tax to withhold is:
If the amount of wages (after
subtracting withholding allowances) is:
The amount of income tax to withhold
is:
Not over $88...............
$0
Not over $331.............
$0
Over $88
$443
$1,529
$3,579
$7,369
$15,915
$15,981
But not over-$443
-$1,529
-$3,579
-$7,369
-$15,915
-$15,981
$0.00 plus 10%
$35.50 plus 15%
$198.40 plus 25%
$710.90 plus 28%
$1,772.10 plus 33%
$4,592.28 plus 35%
$4,615.38 plus 39.6%
Of excess over-$88
-$443
-$1,529
-$3,579
-$7,369
-$15,915
-$15,981
Over $331
$1,040
$3,212
$6,146
$9,194
$16,158
$18,210
But not over-$1,040
-$3,212
-$6,146
-$9,194
-$16,158
-$18,210
10%
$70.90 plus 15%
$396.70 plus 25%
$1,130.20 plus 28%
$1,983.64 plus 33%
$4,281.76 plus 35%
$4,999.96 plus 39.6%
STATE OF OHIO
(Effective 8/1/15)
(Exemption Value $25.00)
If taxable wage is:
$
$
$
$
$
$
$
$
D:\401282074.doc
Over
0
192.30
384.60
576.90
769.20
1,538.40
3,076.80
3,846.00
But Not Over
$
192.30
$
384.60
$
576.90
$
769.20
$ 1,538.40
$ 3,076.80
$ 3,846.00
Amount to be Withheld is:
$
.556%
$ 1.07 plus
1.112%
$ 3.21 plus
2.226%
$ 7.49 plus
2.782%
$ 12.84 plus
3.338%
$ 38.52 plus
3.894%
$ 98.43 plus
4.451%
$ 132.67 plus
5.563%
Excess
Over
$
$
$
$
$
$
$
192.30
384.60
576.90
769.20
1,538.40
3,076.80
3,846.00
Of excess over-$331
-$1,040
-$3,212
-$6,146
-$9,194
-$16,158
-$18,210
THE UNIVERSITY OF AKRON
Office of the Assoc. VP/Controller
FEDERAL WITHHOLDING TAX TABLES
(Effective – January 1, 2015)
Monthly Pay Period
The IRS has issued revised payroll withholding tables, to be effective with the first payroll paid in January, 2015. Before
using the tables, please deduct/add the following amounts from/to your GROSS PAY as may be appropriate:
DEDUCT
1. Number of withholding ALLOWANCES claimed multiplied by $333.30 for MONTHLY payroll period.
2. Tax Deferred Annuities and Deferred Compensation.
3. Retirement contribution for STRS @ 13.00%, SERS @ 10.00% or PERS-LE @ 13.00% of GROSS PAY.
4. Flexible Spending Account deduction for Health Care and/or Dependent Care and Vision.
5. UA Choice Benefits - When total of benefits price tags exceed the total Choice dollars, with the exception of
the cost of Dependent Life Insurance and Short Term Disability. Please refer to your UA Choice Benefits
Confirmation Statement.
6. Parking
ADD
1. Taxable benefits such as taxable life and graduate fee remission.
TABLE 4-MONTHLY Payroll Period
(a) SINGLE person (including head of household)
(b) MARRIED person
If the amount of wages (after
subtracting withholding allowances) is:
The amount of income tax to withhold is:
If the amount of wages (after
subtracting withholding allowances) is:
The amount of income tax to withhold
is:
Not over $192...............
$0
Not over $717...........
$0
Over $192
$960
$3,313
$7,754
$15,967
$34,483
$34,625
But not over-$960
-$3,313
-$7,754
-$15,967
-$34,483
-$34,625
10%
$76.80 plus 15%
$429.75 plus 25%
$1,540.00 plus 28%
$3,839.64 plus 33%
$9,949.92 plus 35%
$9,999.62 plus 39.6%
Of excess over-$192
-$960
-$3,313
-$7,754
-$15,967
-$34,483
-$34,625
Over $717
$2,254
$6,958
$13,317
$19,921
$35,008
$39,454
But not over$2,254
-$6,958
-$13,317
-$19,921
-$35,008
-$39,454
10%
$153.70 plus 15%
$859.30 plus 25%
$2,449.05 plus 28%
$4,298.17 plus 33%
$9,276.88 plus 35%
$10,832.98 + 39.6%
STATE OF OHIO
(Effective 8/1/15)
(Exemption Value $54.16)
If taxable wage is:
$
$
$
$
$
$
$
$
D:\401282074.doc
Over
0
416.66
833.32
1249.98
1666.64
3333.28
6666.56
8333.20
But Not Over
$
416.66
$
833.32
$ 1249.98
$ 1666.64
$ 3333.28
$ 6666.56
$ 8333.20
Amount to be Withheld is:
$
.556%
$
2.32 plus
1.112%
$
6.95 plus
2.226%
$ 16.22 plus
2.782%
$ 27.81 plus
3.338%
$ 83.44 plus
3.894%
$ 213.24 plus
4.451%
$ 287.42 plus
5.563%
Excess
Over
$
$
$
$
$
$
$
416.66
833.32
1249.98
1666.64
3333.28
6666.56
8333.20
Of excess over-$717
-$2,254
-$6,958
-$13,317
-$19,921
-$35,008
-$39,454