Hi spayne2014,

We've done extensive testing on the latest tax tables to ensure accuracy. The numbers you are seeing appear to be correct - You can go to https://www.irs.gov/businesses/small-businesses-self-employed/income-tax-withholding-assistant-for-employers for a quick calculation from the IRS website. Here is what I got when I tested your numbers:

What many people may not realize is that the amount entered for dependents is a tax credit, meaning it reduces the tax withholding amount directly, it's not a wage deduction. This allows employees to take the tax credits they normally get when they file their taxes and use them on their paychecks instead.

So in this case, a tax credit of 2000.00 over 52 weeks means a reduction in tax of 38.41 per week. You can see that if you remove the dependent credit the tax calculates 39.00:

Hopefully that helps the new tax tables make more sense.

Thanks!

Thanks.

Thanks.