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“Calculates Federal and State Tax for all states that withhold income tax on wages. Allows for additional tax as a percentage that you can enter and apply to income in a variety of ways, i.e., city, county, additional state, etc. Calculates FICA (Social Security and Medicare deductions are shown separately). Calculates and deducts 401(k) amounts. Deducts non-taxable amounts. (Health insurance contributions, etc.) Calculates total withholdings required on multiple incomes with varying pay periods. Calculates a raise either as a percentage; or as an hourly wage increase and re-calculated all the taxes. Allows for variations in deductions and exemptions between Federal and State withholdings and elections for states that use state "W4" equivalents. Prints your results. Shows your hourly wage before taxes, after taxes, after all deductions, as a percent of tax before and after deductions, etc. Allows entry of additional deduction (dollar amount) from your withholdings. Contains an Electronic Form W4 Worksheet with printable W4.”
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