2. Using the percentage method, what is the income tax withholding for Jane Lindstrom, who is single and is paid a salary of $60,000 per year? Answer: 2021 Percentage Method Tables for Automated Payroll Systems the Adjusted Annual wage Amount (line 2) The Annual Wage At least STANDARD Withholding Rate Schedules Form W-4, Step 2. Checkbox Wholding Rate Schedes Use that the Form Waren 2018 at cariere FormW-4 Use the the Form W4tom 2020 and toxin Sep 20 Tem 2020 or later and the box in Smp 2 of Form W-4 NOT checked) For W 415 checked of the the Adjusted Annual The amount that Wage Amount (line 2a) of the tentative the Adjusted is: amount that But less amount to Plus this tentative the Adjusted But less withhold is: than percentago-exceeds amount to Plus this Annual Wage At least withholds percentage exceeds- B c D E 3 C D E Married Filing Jointly Married Filing Jointly $0 $12.200 50.00 0 SO 30 512550 $9.00 ON SO $12.200 $32.100 $0.00 10% 512 200 $12.550 $22.500 $0.00 10 512.560 $0.100 $93 250 $1,990.00 $32.100 $22.500 553 075 1995.00 12 $22.500 50 250 $184,050 $9.328.00 22 $90 250 $52.07 $99.926 54.364.00 163 075 5164950 $342.050 $29.502.00 24% $184.950 $95.925 $177 475 514.751.00 24 508929 $942050 $431.050 $67,200.00 $342.050 5177475 $221 975 530.60300 $177 475 3431 050 $640.500 595,685.00 5431.050 5221,975 $320,700 S7 84300 $221.975 3640.500 $168.993.50 37% $840.500 S326,700 564493.75 37 $220 700 12 SO $3.950 $13.000 $44.475 500 325 $104,876 $213.375 5527 550 Single or Married Filing Separately $3,050 $0.00 0 $13.900 $0.00 10% $44,475 3D95.00 125 590,325 54,664.00 22 $168.575 514.751.00 24% $213,375 $33 603 00 5527.550 $47,843.00 35% $157,804 25 37 SO 53.050 $13.900 544,475 $90 325 $168.875 $213,375 $527,550 50 $6.275 $11.260 $26 338 $19.463 388.738 $110,906 $268.075 Single or Married Filing Separately 56 275 50.00 04 311 250 $0.00 10 525.538 5497.50 12 $49.463 $2332.00 588,738 37.375.50 24 $110,950 516.801.59 $268.075 $23.921.50 35% $78.002.13 37 SO 56 275 511 250 526 530 $49.463 588,736 5110,988 $268.075 ON 10 12 Head of Household $10.200 50 00 $24.400 $0.00 $64 400 $1,420.00 $06.550 $6220.00 $175,100 313 293,00 $219.000 $32.145.00 $533.300 $46.385.00 $156,355 00 0%. 10 12 22 249 $0 310 200 $24.400 $64.400 500.550 $175,100 $219.000 1500.300 22 50 310 200 524400 564 400 500.550 5175, 100 $219.000 $533.800 Head of Household $9.400 $0.00 516,500 50.00 336 500 $710.00 $52.575 $3,110.00 $91,850 $6,646.50 $114,100 516,072 30 $271.200 $23.192.50 $78,177.50 50 10.400 $16.500 536,500 $59.575 $91,850 5114,100 $271,200 50 9.400 516 500 $30,500 $52.575 $91 850 $114,100 $271 200 24% 35% 37 37
