I work for the federal government and I desire to be able to calculate the total amount of federal tax withheld each pay interval. I am having difficulty developing the formula for calculating the actual amount witheld based on my filing status, pay rate and number of exemtions claimed. The government uses a table which, depending on taxable wages, allows you to compute the actual witholding. This table resembles a tax rate schedule such as you might find in your 1040 instructions, but is not exactly the same. I am led to believe that the table is based on the "Percentage Method of Witholding" published by the federal government. I have scoured the forms and publications sections of the IRS web site and cannot find the actual table or any reference whatsoever to this method. Does anyone know where this table is published or where the method is laid out? Thanks in advance.Regards,FoolMeOnce
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