FORM OE-1 TAX CALCULATION WORKSHEET
TAX CALCULATIONS
CT-1 REFERENCES
To be used for completing Form CT-1 and in determining tax liability.
A. _$__________ ______________
$
Tier I Employer Tax -
Column 11 Total x Tier I Employer
Compensation
Tax Rate
B. __$
_________ ________________
$
Tier I Employer
Column 9 Total x Medicare Tax Rate
Medicare Tax -
Compensation
C. _$__________ _______________
$
Tier II Employer Tax -
Column 13 Total x Tier II Employer
Compensation
Tax Rate
D. Column 12 Total $
Tier I Employee Tax -
Compensation
E. Column 10 Total $
Tier I Employee
Medicare Tax -
Compensation
F. _$__________ x ________________
Additional Medicare
Tier I Employee
Tax Rate $
Additional Medicare
[Paid on compensation exceeding $200,000
Tax - Compensation
per year for an employee]
G. Column 14 Total $
Tier II Employee Tax -
Compensation
H. Sum of columns A through G $
Total Tax Based
Railroad Retirement Tax Liability for period
on Compensation
I. _$
__________ ________________
$
DC-1 RUIA
Column 15 Total x RUIA Contribution
Contribution Liability
Rate
for Period
The amounts in Item A should equal Item D and the amounts in Item B should equal Item E.
The items may differ a few cents due to rounding of partial cents.
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OE‐1(05‐14)PRIOREDITIONSAREOBSOLETE