Under which circumstances could the percentage method be used to determine federal income tax withholding amounts? a.
Question:
Under which circumstances could the percentage method be used to determine federal income tax withholding amounts?
a. When the employee’s taxable income exceeds the maximum amount on the appropriate wage-bracket table
b. When using a computerized accounting system to compute payroll deductions
c. When using a manual accounting system for a small number of low-pay employees
d. When computational accuracy is critical
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a When the employees taxable income exceeds the maximum amount on the appropriate wagebracket table ...View the full answer
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Related Book For 
Payroll Accounting 2023
ISBN: 9781264415618
9th Edition
Authors: Jeanette M. Landin, Paulette Schirmer
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