Payroll withholding math example
Employers record two basic types of payroll entries: paying the employees (payroll entry) and paying the employer payroll taxes (employer payroll tax entry).
A. Payroll Entry
Example: Employees earn $100,000 for the month, and are paid
on January 31. The employer withholds the following:
Federal Income Taxes $15,000
State Income Taxes $ 5,000
FICA Taxes $ 7,650
After withholdings, the employees’ net [...]









