The following taxes are deducted from your gross income. The taxes withheld are dependent upon each individuals tax status.
|CA DIS||CALIFORNIA DISABILITY|
|CA W/H||CALIFORNIA STATE WITHHOLDING TAX|
|EIC||EARNED INCOME CREDIT|
|FED W/H||FEDERAL WITHHOLDING TAX|
|MEDICARE||MEDICARE (PART OF FICA)|
|SOC SEC||SOCIAL SECURITY (PART OF FICA)|
California Withholding taxes and Federal Withholding taxes are based upon their respective tax tables.
California Disability tax is 0.60% of your taxable income up to a maximum of $500.33 withheld tax for the 2007 calendar year.
Medicare tax is 1.45% of your taxable income with no maximum.
Social Security tax is 6.2% of your taxable income up to a maximum of $6,038.80 withheld for the 2007 calendar year.
Earned Income Credit is a tax credit and is available to eligible employees. Call the Payroll Office for more details at x4636.