Andrew lives in Colorado, which has a state income tax rate of 4.63%. He earns $1,495 weekly. How much state income tax is withheld from each of his paychecks?
TABLE 4.1 ANNUAL PAYROLL PERIOD
(a) SINGLE person
(including head of household)-
(b) MARRIED person-
If the amount of wages (after The amount of If the amount of wages (after The amount of
subtracting withholding income tax to subtracting withholding
income tax to
allowances)
withhold is: allowances)
withhold is:
Not over $2,150.
$0 Not over $8,100.
$0
Over-But not over- of excess over Over-But not over- of excess over-
$2,150-$10,850$0.00+10%-$2,150 $8,100-$25,500$0.00+10%-$8,100
$10,850-$37,500.. $870.00+15%-$10,850 $25,500-$78,800$1,740.00+15%-$25,50 0
$37,500-$87,800$4,867.50+25%-$37,50 0 $78,800-$150,800$9,735.00+25%-$78,8 00
$87,800-$180,800$17,442.50+28%-$87, 800 $150,800-$225,550... $27,735.00+28%-$150,800
$180,800-$390,500..$43,482.50+33%-$ 180,800 $225,550-$396,450..$48,665.00+33%-$ 225,550
$390,500$112,683.50+35%-$390,500 $396,450$105,062.00+35%-$396,450
$3,599.36
$299.95
$74.99
$69.22
$149.98