Iowa Administrative Code
Agency 876 - WORKERS' COMPENSATION DIVISION
Chapter 8 - SUBSTANTIVE AND INTERPRETIVE RULES
Rule 876-8.8 - Payroll tax tables

Universal Citation: IA Admin Code 876-8.8

Current through Register Vol. 46, No. 19, March 20, 2024

Tables for determining payroll taxes to be used for the period July 1, 2022, through June 30, 2023, are the tables in effect on July 1, 2022, for computation of:

1. Federal income tax withholding according to the percentage method of withholding for weekly payroll period. (Federal Income Tax Withholding Methods, Publication 15-T [2021].)

2. Iowa individual income tax withholding formula. (Iowa Department of Revenue [Effective January 1, 2022].)

3. Social Security and Medicare withholding (FICA) at the rate of 7.65 percent. (Internal Revenue Service, Circular E, Employer's Tax Guide, Publication 15 [2021].)

This rule is intended to implement Iowa Code section 85.61(6).

Disclaimer: These regulations may not be the most recent version. Iowa may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.