FICA rate 7.65%

     Maximum FICA wage $51,300.00

     maximum FICA tax   $3,924.45


     To compute witholding:

      -- Annualize gross pay  (Gross time # of pay periods annually)

      -- Subtract exemptions  (exemptions on W4 times $2050)

      -- Apply tax rate from table below

      -- Divide result by # of annual pay periods
                                      
                             FEDERAL RATES ONLY

                    SINGLE OR HEAD OF HOUSEHOLD
     TAXABLE WAGES
   OVER    NOT OVER           ANNUAL AMOUNT OF TAX

       $0    $1,200                $0.00
   $1,200   $20,650                $0.00 PLUS  15% OVER    $1,200
  $20,650   $48,250            $2,917.50 PLUS  28% OVER   $20,650
  $48,250  $110,300           $10,645.50 PLUS  33% OVER   $48,250
 $110,300   & OVER            $31,122.00 PLUS  28% OVER  $110,300


                              MARRIED
     TAXABLE WAGES
   OVER    NOT OVER           ANNUAL AMOUNT OF TAX

       $0    $3,400                $0.00
   $3,400   $35,850                $0.00 PLUS  15% OVER    $3,400
  $35,850   $81,800           $48,675.00 PLUS  28% OVER   $35,850
  $81,800  $200,610           $17,733.50 PLUS  33% OVER   $81,800
 $200,610   & OVER            $56,940.80 PLUS  28% OVER  $200,610