Ordinary Tax Rates for Single Filing Status
[Tax Rate Schedule X, Internal Revenue Code section 1(c)]
If taxable Income is:
a
b
c
d
Over
$0
9,075
36,900
89,350
186,350
405,100
406,750
But not
over
$9,075
36,900
89,350
186,350
405,100
406,750
--
Taxable
income
e
Subtract (d)
from (c).
Multiplicati Multiply (a) Subtraction
This is the
on amount by (b)
amount
federal
income tax.
× 0.10
× 0.15
× 0.25
× 0.28
× 0.33
× 0.35
× 0.396
$0
453.75
4,143.75
6,824.25
16,141.75
24,243.75
42,954.25
This format of the tax rate chart (shown above) emphasizes the mechanics of how to calculate the
federal income tax. To use this chart, we start by figuring out a person's taxable income. Then we
use the first two columns to find the range in which the taxable income falls. Once we find the
relevant row, we then work across the row from left to right.
Once we identify the relevant row, we write in the amount of taxable income in column (a). We then
perform the multiplication in column (c), and finally perform a subtraction in column (e). The
resulting number in column (e) is the amount of federal income tax liability on the amount of taxable
income shown in column (a).
Minnesota State Tax
Claiming Zero Allowances
The maximum amount of taxes is withheld. Meaning, when it comes time to file your tax return
you will most likely receive a refund.
If you are claimed as a dependent on someone else’s tax return, you should claim zero
allowances.
Claiming One Allowance (best option if you are single with one job)
If you are single and have one job, by claiming one allowance will most likely result in a refund
when you file your taxes.
Claiming Two Allowances
If you are single, claiming two allowances will get you close to your tax liability but may result in
tax due when filing your taxes.
If you are single and work more than one job, you can claim one allowance at each job or two
allowances at one job and zero at the other.
If you are married, you should claim two allowances
Claiming Three Allowances
If you are married and have one child, you should claim three allowances.
Additional Allowances
If you file as head of household you can claim additional allowances
If you had at least $1,900 of child or dependent care expenses that you plan on claiming credit
If you are eligible to claim the Child Tax Credit
IRS Withholding Calculator
If you are an employee, the Withholding Calculator can help you determine whether you
need to give your employer a new Form W-4, Employee's Withholding Allowance Certificate
to avoid having too much or too little Federal income tax withheld from your pay. You can use
your results from the calculator to help fill out the form.
Who Can Benefit From The Withholding Calculator?
Employees who would like to change their withholding to reduce their tax refund or their
balance due;
Employees whose situations are only approximated by the worksheets on the paper W-4
(e.g., anyone with concurrent jobs, or couples in which both are employed; those entitled to
file as Head of Household; and those with several children eligible for the Child Tax Credit);
Employees with non-wage income in excess of their adjustments and deductions, who would
prefer to have tax on that income withheld from their paychecks rather than make periodic
separate payments through the estimated tax procedures.
Ready to start? Make sure scripting is enabled before using this application. Continue to the
Withholding Calculator
Tips For Using This Program
Have your most recent pay stubs handy.
Have your most recent income tax return handy.
Estimate values if necessary, remembering that the results can only be as accurate as the
input you provide.
To Change Your Withholding:
Use your results from this calculator to help you complete a new Form W-4, Employee's
Withholding Allowance Certificate.
Submit the completed Form to your employer.