Business Paradigms, Inc. | ||||
U.S Payroll Withholding Tax Rates | ||||
2005 | ||||
PAYROLL | FICA | FUTA | Medicare | Employment Training Tax |
Maximum Contributory Earnings | 90,000.00 | 7,000.00 | All Wages | 7,000.00 |
Tax Rate | 6.20% | 8.00% | 1.45% | 1.00% |
Maximum Employee Contribution | 5,580.00 | 0.00 | No Maximum | |
Employer Matching Rate | 1.00 | 0.00 | 1.00 | |
Maximum Employer Contribution | 5,580.00 | 560.00 | No Maximum | 70.00 |
Note: FUTA and ETT are only paid by the employer | ||||