Wage Bracket Percentage Method Table for Computing Income Tax Withholding From Wages Exceeding Allowance Amount (For Wages
Paid Through
December 2004)--continued. Summary: This table is for figuring income tax withholding from wages in excess of the allowance amount: using the payroll
period, filing
status (Single or Married), number of allowances, and gross wages determine what amount is to be subtracted from wages in
excess of the allowance
amount (if excess wages are less than the amount to be subtracted, the withholding is zero), and the percentage by which the
result will be
multiplied. This section of the table is for a semimonthly payroll period.