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Calculates salaried employees’ net pay (take home pay), which is wages after withholdings for taxes and deductions. Allows employees to enter either their per pay period or annual salary.
Uses supplemental tax rates to calculate payroll withholding on special wage payments such as bonuses. If your state does not have a special rate, use the aggregate bonus payroll calculator.
Takes you step by step through the process of filling out a Form W-4 to determine how much of your pay is withheld for taxes. Print an official copy to sign and file with your company.