Fillable Printable Wh1603Formgenerator-2017Values.Xlsx
Fillable Printable Wh1603Formgenerator-2017Values.Xlsx
Wh1603Formgenerator-2017Values.Xlsx
YEARLY MONTHLY
SEMI-
MONTHLY BI-WEEKLY WEEKLY
Allowance per Exemption (A) $2,370 $197.50 $98.75 $91.15 $45.58
Maximum Standard Deduction - No Exemption (B) $0 $0 $0 $0 $0
Maximum Standard Deduction - One or More Exemptions (C)
$2,860 $238.33 $119.17 $110.00 $55.00
Maximum Tax - 1st Bracket (D)
$36.38 $3.03 $1.52 $1.40 $0.70
Maximum Tax - 1st and 2nd Bracket (E)
$100.58 $8.38 $4.19 $3.87 $1.93
Maximum Tax - 1st, 2nd, and 3rd Bracket (F)
$186.18 $15.52 $7.76 $7.16 $3.58
Maximum Tax - 1st, 2nd, 3rd, and 4th Bracket (G)
$293.18 $24.43 $12.22 $11.28 $5.64
Maximum Tax - 1st, 2nd, 3rd, 4th, and 5th Bracket (H)
$421.58 $35.13 $17.57 $16.21 $8.11
Maximum Income Taxable in Each of First Five Brackets (I) $2,140 $178.33 $89.17 $82.31 $41.15
SUBTRACTION METHOD:
At least: Not more than:
Tax withheld:
$0 $2,140 1.7%
$2,140 $4,280 3% minus $27.82
$4,280 $6,420
4%
minus $70.62
$6,420 $8,560
5%
minus $134.82
$8,560 $10,700
6%
minus $220.42
$10,700 and above
7%
minus $327.42
per week
weeks
gross wages
personal exemptions (3 exemptions X $2,370)
standard deduction (lesser of $2,860 or $28,600 X 10%)
taxable income
$ 550.00
X 52
28,600.00
- 7,110.00
- 2,860.00
$18,630.00
1350
I. Deduct from gross wages:
A. Personal Exemption
(1) $0.00 if zero exemptions claimed
(2) $2,370.00 per personal exemption claimed
AND
B. Standard Deduction
(1) $0.00 if zero exemptions claimed
(2) 10% of gross wages up to $2,860.00 if claiming 1 or more exemptions
II. Balance is taxable income. Use either of the below listed computation tables to figure the tax.
WH-1603F
(Rev. 7/28/16)
3478
STATE OF SOUTH CAROLINA
DEPARTMENT OF REVENUE
FORMULA FOR COMPUTING SOUTH CAROLINA
WITHHOLDING TAX
EXAMPLE:
Annualize salary: $550 per week, 3 exemptions
Example using Subtraction Method:
$18,630.00
X 0.07
$1,304.10
- $327.42
Total to be Withheld: $976.68
Example using Addition Method:
$18,630.00
- $10,700.00
$7,930.00
X 0.07
$555.10
+ $421.58
Total to be Withheld: $976.68
ADDITION METHOD:
At least: Not more than: Tax withheld:
$0 $2,140 1.7%
$2,140 $4,280
3% X excess over $2,140 +
$36.38
$4,280 $6,420
4% X excess over $4,280 +
$100.58
$6,420 $8,560
5% X excess over $6,420 +
$186.18
$8,560 $10,700
6% X excess over $8,560 +
$293.18
$10,700 and above
7% X excess over $10,700 + $421.58
$976.68 DIVIDED BY 52 WEEKS = $18.78 STATE TAX PER WEEK
CONSTANTS FOR DETERMINING SOUTH CAROLINA INCOME TAX WITHHOLDING
PROGRAM:
