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CHURCH ACCOUNTING PACKAGE

Federal Tax Withholdings

by Travis
(WA)

Example: Pastor Salary is $12,000 for the year. He has elected through W-4 to have $200 federal taxes withheld per month. So will box 1 of W-2 read 9600 and box 2 read 2400?

Comments for Federal Tax Withholdings

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Feb 11, 2014
 W-2--Box 1
by: Anonymous in NC

If Box 1 says total earnings then in this case, total earnings = $12,000.

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