Sophie is a single taxpayer. For the first payroll period in July 2018, she is paid wages

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Sophie is a single taxpayer. For the first payroll period in July 2018, she is paid wages of $3,900 monthly. Sophie claims one allowance on her Form W-4. 

a. Use the percentage method to calculate the amount of Sophie’s withholding for a monthly pay period. 

b. Use the wage bracket method to determine the amount of Sophie’s withholding for the same period.

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Income Tax Fundamentals 2019

ISBN: 9781337703062

37th Edition

Authors: Gerald E. Whittenburg, Steven Gill

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