The previous answer provided is slightly inaccurate. Here are a couple of corrections. You will out a W-4 form, not a W-2. The W-2 is your annual reconciliation form given to you at the end of the tax year. To determine exactly how much tax will be taken out for federal tax you will need … Read more

The best way to determine if the correct amount of money is being withheld from your check for federal tax is to obtain a copy of the IRS Circular E. This publication (available on www.irs.gov) lists the methods by which an employer may choose to calculate your withholding. It can be calculated either using the … Read more