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88. 29, tax of $12 2020 Form PSa 3-9 Calculate Federal (Percentage Method, W-4), State, and Local Income Tax Withholding x withholding, assuming For
88. 29, tax of $12 2020 Form PSa 3-9 Calculate Federal (Percentage Method, W-4), State, and Local Income Tax Withholding x withholding, assuming For each employee listed, use the percentage method to calculate federal income tax each has submitted a pre-2020 Form W-4. Then calculate both the state income tax x withholding (assuming state tax rate of 5% of taxable pay, with taxable pay being the same for federal and state income tax withho and the local income tax withholding. 1. Walter Ferrell (married; four federal withholding allowances) earned weekly gross pay of $1,030. For e lives elsewhere) levies a tax of 1.3% of an employee's taxable pay (which is the same for federal and local period, he makes a 401(k) retirement plan contribution of 14% of gross pay. The city in which he works 74 68 income tax withholding) on residents and 1.1% of an employee's taxable pay on nonresidents. 2. Lucas Sedaris (married; three federal withholding allowances) earned weekly gross pay of $2,800. He participates in a flexible spending account, to which he contributed $150 during the period. The city in he lives and works levies a tax of 3.1% of an employee's taxable pay (which is the same for federal and loc 55 income tax withholding) on residents and 2.4% of an employee's taxable pay on nonresidents. 3. Darrell Roper (married; six federal withholding allowances) earned weekly gross pay of $1,540. He does request that any voluntary deductions be made from his gross pay. The city in which he lives and works a tax of 2.5% of an employee's taxable pay (which is the same for federal and local income tax withholding 9.88 on both residents and nonresidents. 4. Giuseppe Fortuna (single; two federal withholding allowances) earned weekly gross pay of $3,820. He participates in a cafeteria plan, to which he paid $175 during the period. The city in which he works leve tax of $13/week on employees who work within city limits. Althou this co P This Con em rec ar F
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