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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.