Bart and Jane Lee are married, file a joint return and have one dependent child (age 9).
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Bart and Jane Lee are married, file a joint return and have one dependent child (age 9). Bart begins a new job and is asked to fill out a Form W-4. What are the important pieces of information that will be included on Form W-4?
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2022 Wage Bracket Method Tables for Manual Payroll Systems with Forms W-4 From 2020 or Later MONTHLY Payroll Period If the Adjusted Wage Amount (line 1h) is At least $0 $540 $560 $580 $600 $620 $640 $660 $680 $700 $720 $740 $760 $780 $800 $820 $840 $860 $880 $900 $920 $940 $960 $980 $1,010 $1,040 $1,070 $1,100 $1,130 $1,160 But less than $540 $560 $580 $600 $620 $640 $660 $680 $700 $720 $740 $760 $780 $800 $820 $840 $860 $880 $900 $920 $940 $9 $980 $1,010 $1,040 $1,070 $1,100 $1,130 $1,160 $1,190 Married Filing Jointly Standard withholding $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Form W-4, Step 2, Checkbox withholding $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $1 $4 $7 $10 Head of Household Standard withholding The Tentative Withholding Amount is: $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Form W-4, Step 2, Checkbox withholding $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $2 $4 $6 60% $8 $10 $12 14 $16 69 69 69 $19 $22 $25 $28 $31 $34 $37 Single or Married Filing Separately For W-4, Step 2, Checkbox withholding Standard withholding $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $7 $10 $9 $11 $13 $15 $17 $19 $21 $23 $25 $27 $29 $31 $33 $35 $37 $39 $43 $46 $50 $53 $57 $60 $64 $68
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Related Book For
Pearsons Federal Taxation 2023 Comprehensive
ISBN: 9780137840656
36th Edition
Authors: Timothy J. Rupert, Kenneth E. Anderson, David S Hulse
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