Withholding Tax CalculatorCompensation withholding per pay period, from the prescribed table
Pick your pay period, enter taxable compensation, and get the withholding your employer should deduct, with the bracket lines shown. Taxable compensation means pay after mandatory contributions and exempt benefits.
The withholding table is the annual TRAIN schedule sliced into pay periods. Steady pay withheld by the table lands on the annual tax almost exactly; the year end annualization settles the centavos.
Figures follow the prescribed table effective January 2023. Confirm the current table in the latest revenue regulations before relying on this for payroll.
Where this goes each month
Employers remit what they withheld on Form 1601C by the 10th of the following month, report the year on 1604C with the alphalist, and hand each employee a 2316 by January 31.
Questions people actually search
- Bakit iba ang table ng withholding sa annual table?
- It is the same annual schedule cut into pay periods, so the year adds up to the annual tax when income is steady.
- Is withholding my final tax?
- For most employees with one employer, the year end annualization trues it up and 2316 closes the year. Differences are settled in the final payroll.
- What if I have two employers?
- Withholding tables assume one employer. With two, you generally file an annual return to settle the combined tax.
Related
Payroll withholding without the lookup.
mybizmate applies the current table to every payroll line and rolls the month into a 1601C automatically.