Missouri Withholding Tax Formula - 2011 printable pdf download

2011 MISSOURI WITHHOLDING TAX FORMULA

26 if you pay bi-weekly, 24 if you pay semi-monthly, or

STEP 1—USING ANNUAL AMOUNTS

12 if you pay monthly.)

(Refer to Federal Publication 15 for questions con-

Note: The maximum federal income tax deduction

cerning gross taxable income or federal withholding

for a married filer, spouse not working, is $10,000. If

tax.)

the spouse is working, the maximum limit should be

1. GROSS INCOME — Determine the employee’s total

calculated using $5,000.

wages for the payroll period. Multiply this amount by

Determine if the spouse is working by the check

the number of payroll periods you have in a year. The

boxes on Form MO W-4, Line 2.

result is the employee’s annual wage. (Multiply by:

260 if you pay daily, 52 if you pay weekly, 26 if you

5. MISSOURI TAXABLE INCOME — Subtract the total

pay bi-weekly, 24 if you pay semi-monthly, or 12 if

annual amounts of numbers 2, 3, and 4 from the total

you pay monthly.)

annual gross income of number 1. The result is the

employee’s Missouri taxable income.

Note: If the employee has supplemental or overtime

pay, see the withholding procedures outlined below.

2. STANDARD DEDUCTION — Annual amount is:

STEP 2

$5,800 if employee is single, $5,800 if employee is

married and spouse works, $11,600 if employee is

1. MISSOURI WITHHOLDING TAX — Multiply the

married and spouse does not work (this is determined

employee’s Missouri taxable income by the applic-

by the check box on Form MO W-4, Line 2, and is not

able annual payroll period rate. Begin at the lowest

a separate filing status), $8,500 if employee’s filing

rate and accumulate the total withholding amount

status is Head of Household.

for each rate. The result is the employee’s annual

Missouri withholding tax.

3. MO W-4 ALLOWANCES — Annual amount is:

2. MISSOURI WITHHOLDING TAX PER PAYROLL

$2,100 for the first allowance and $1,200 for each

PERIOD — Divide the employee’s annual Missouri

additional allowance if employee is single or married

withholding amount by: 260 if you pay daily, 52 if

and spouse works, $2,100 for the first allowance,

you pay weekly, 26 if you pay bi-weekly, 24 if you

$2,100 for the second allowance (for the non-

pay semi-monthly, 12 if you pay monthly. The result

working spouse) and $1,200 for each additional

is the employee’s Missouri withholding tax per pay

allowance if the employee is married and spouse

period.

does not work; $3,500 for the first allowance and

$1,200 for each additional allowance thereafter if the

ROUNDING ON MISSOURI WITHHOLDING RE-

employee’s filing status is Head of Household.

PORTS. You must round the amounts that you withhold

4. FEDERAL WITHHOLDING — Determine the amount

from your employees to the nearest whole dollar.

of the employee’s total federal income tax withheld for

the payroll period. Multiply this amount by the number

of payroll periods you have in a year. The result is the

Visit to access

employee’s annual federal income tax withheld. An

our online withholding tax calculator.

individual’s federal income tax deduction is limited to

$5,000 ($10,000 if a combined return). These limita-

tions should be applied on an aggregate basis.

(Multiply by: 260 if you pay daily, 52 if you pay weekly,

Supplemental Pay Withholding

If the employee has supplemental or overtime pay, and the payment is included with normal wages, apply the

withholding formula to the total payment as if it was a regular payroll wage payment.

If the employee has supplemental or overtime pay and the overtime wages are paid separately from regular

wages, you may withhold based upon one of the following two methods.

• Withhold a flat percentage rate of 6 percent of the supplemental wages; or

• Add the supplemental wages to the regular wages paid for the payroll period and apply the withholding

formula to the total amount as if it was a regular payroll wage payment. Then subtract the tax already with-

held from the regular wage payment and withhold the remaining tax from the supplemental payment.

Missouri Withholding Tax Formula - 2011

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