So, in this example, the annual income would be $31,200 for an hourly wage of $15 per hour working 40 hours per week for 52 weeks. How many work hours are there in a full-time year? A full-time worker in the United States is thought to work about 40 hours per week on average...
In line 1b, input the number of employee pay periods yearly. Use Table 5 on the upper part of the same page. Step 3 In line 1c, input the income amount stated on the employee’s Form W-4 Step 4a. Then, divide it based on the number of pay periods (check line 1b) and input ...