´╗┐ TAXES 17-30, Indiana County Income Tax Withholding | National Finance Center

TAXES 17-30, Indiana County Income Tax Withholding

Published: October 30, 2017
Effective: Pay Period 20, 2017

Summary

The income tax withholding rates for Allen and Marion Counties, Indiana, have increased.

No action on the part of the employee or the personnel office is necessary.

Tax Formula

Acceptable Exemption Form:

IN WH-4

Acceptable Exemption Data:

A-Z, 0/Number of Dependents

Special Coding:

Determine the Total Number of Exemptions field as follows:
First Digit - Enter the alpha (A-Z) to represent the number of additional exemptions claimed. (A=1, B=2, C=3, etc., up to Z=26). Otherwise, enter 0 (zero).

Second and Third Digits - Enter the number of exemptions claimed. (If less than 10, precede with a 0 (zero).)

Withholding Formula (Effective Pay Period 20, 2017)

  1. Subtract the nontaxable biweekly Federal Health Benefits Plan payment(s) (includes dental and vision insurance program and Flexible Spending Account - health care and dependent care deductions) from the gross biweekly wages.
  2. Subtract the nontaxable biweekly Thrift Savings Plan contribution from the gross biweekly wages to obtain the adjusted gross biweekly wages.
  3. Multiply the adjusted gross biweekly wages times 26 to obtain the annual wages.
  4. Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 3:
    Exemption Allowance = $1,000 x Number of Exemptions1
    1 Number of exemptions claimed for self, spouse, over age 65, blindness, and dependents.
  5. Determine the exemption allowance by applying the following guideline and subtract this amount from the result of step 4 to compute the taxable income:
    Additional Allowance = $1,500 x Number of Additional Exemptions 2
    2 Number of additional exemptions claimed for certain qualifying dependents.
  6. Apply the taxable income to the following guideline in the table below to determine the annual Indiana county income tax withholding:
    3 Voluntary county tax status.

    Compute the County Income Tax Withholding For:

    Tax Rate Percentage

    State/County Code

    Allen

    1.48

    18/003

    Clay

    2.25

    18/021

    Grant

    2.25

    18/053

    Greene3

    1.25

    18/055

    Marion

    2.02

    18/097

    Martin

    1.50

    18/101

    Miami

    2.54

    18/103

    Tippecanoe

    1.10

    18/157

    Vanderburgh

    1.00

    18/163

  7. Divide the annual Indiana county income tax withholding calculated in step 6 by 26 to obtain the biweekly Indiana county income tax withholding.

Resources

To view the updated tax formula, go to the HR and Payroll Clients page from the MyNFC drop-down menu on the National Finance Center (NFC) homepage. Select the Publications tab and select U.S. Income Tax Formulas from the Publications menu to launch the tax map. Select the desired State from the map provided for the formula.

Inquiries

For questions about NFC processing, authorized Servicing Personnel Office representatives should contact the NFC Contact Center at 1-855-NFC-4GOV (1-855-632-4468) or via the ServiceNow Customer Service Portal.