Payroll
Taxes
The following taxes are deducted from your gross income. The taxes withheld are dependent upon each individuals tax status.
| CODE | DESCRIPTION |
|---|---|
| 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.