Maine Income Tax Withholding Percentage Method - 2008

ADVERTISEMENT

SUPPLEMENT TO WITHHOLDING TABLES BOOKLET
2008 MAINE INCOME TAX WITHHOLDING
PERCENTAGE METHOD
Following are percentage method instructions and rate schedules for weekly, biweekly,
semimonthly, monthly, and daily or miscellaneous payroll periods.
Step 1 - Multiply amount from table below by the number of allowances the employee claims:
Payroll Period
Amount Per Withholding Allowance
Weekly
$ 54.81
Biweekly
$109.62
Semimonthly
$118.75
Monthly
$237.50
Daily or Miscellaneous
$ 10.96
Step 2 - Subtract the result of Step 1 from the employee's gross wage.
Step 3 - Compute the withholding amount using the following tax rate schedule for the appropriate
payroll period and marital status.
Rev. 10/07

ADVERTISEMENT

00 votes

Related Articles

Related forms

Related Categories

Parent category: Financial
Go
Page of 3