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Rates as of January 1, 2016 Federal - $7.25 Indiana - $7.25 Kentucky - $7.25 Ohio $7.25 (for those employers grossing under $297,000) $8.10 (for those employers grossing $297,000 or more) |
If you are an employee, the Withholding Calculator can help you determine whether you need to give your employer a new Form W-4, Employee's Withholding Allowance Certificate to avoid having too much or too little Federal income tax withheld from your pay. You can use your results from the calculator to help fill out the form. 
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The IRS has a new website that provides information on the provisions of the Affordable Care Act. The site explains tax benefits and responsibilities for individuals, employers, and other organizations. In addition, it provides information about tax provisions that are in effect now and those that will go into effect in 2014 and beyond. Topics include premium tax credits for individuals, new benefits and responsibilities for employers, and tax provisions for insurers, tax-exempt organizations, and other types of business. The IRS released an online flier (Publication 5093) to help individuals locate other resources available through government organizations that deal with the Affordable Care Act provisions. http://www.irs.gov/uac/Affordable-Care-Act-Tax-Provisions-Home |
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