8803 3340 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period the Adjusted Wage Married Filing Jointly Head of Household Amount (non Single or Married Filing Separately FormW-4. Step 2 FormW-4. Step 2 FormW-4. Step 2 Standard Checkbox Standard Checkbox Standard Checkbox Butless withholding withholding withholding withholding witholding At least than The Tentative Wahholding Amount is SO $240 $ SO $240 $250 SO $250 $260 $0 5260 5270 SO 5270 $200 $200 $290 SO $290 $300 $0 $300 $310 SO $310 $320 SO $320 $330 $330 $340 $350 $350 $360 SO $350 $12 $370 50 $13 $370 $380 $14 $380 $390 $390 $400 $400 $410 5410 $420 $420 $430 $430 $445 $445 SO $460 S460 $475 $475 $490 $12 $490 $505 14 $505 5520 $4 515 $4 5520 $535 SS $17 5535 $550 18 $550 $565 se $20 $565 $580 $0 $10 SO 521 $10 $580 $595 $11 SO 523 $595 511 5610 $13 $24 $13 $610 $625 $14 5625 07 5640 5655 20 517 5655 5670 $19 $0 $31 $10 $670 5685 $20 5685 $700 22 5700 5715 $23 $715 $730 5730 $745 540 $745 $760 $760 S775 $775 5790 $31 5790 5805 547 $ S805 5820 $10 549 5820 534 5835 5835 $35 $850 8.50 $865 $865 SBBO $40 $40 S880 $895 $42 $42 $895 5910 343 5910 $925 $82 $925 $940 563 $940 5955 549 5955 5970 59 $970 $985 $52 560 sas $985 $1.000 $4 $54 $1,000 $1,015 5 $56 SS SA $1.015 $1.035 $7 SS8 558 $1,035 $1,055 577 SI OSS $1,075 81,075 $1,095 $13 $1,095 $105 $1,115 $15 sed $110 51.115 $1,135 $17 $70 570 $114 999888888888888888888888888888888888888888888888888888888 2888888888EEE 88982189858 1888232323988484288888888888888888888888 8888888888888888888888888888888888888888 ===== | z Ba| 3 | 8888888888888888888888850303 EEEBURU 1885 388 888888888888888 16:40 288888888889339 3388888888888888888 as a & B & a b s Publication 15-T (2020) Page 11 $1.215 $1235 8889333333 GEERSTE $1.435 $144 5116 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period It the Adjusted Wage Married Filing Jointly Head of Household Amount in this Single or Married Filing Separately FormW-4, Step 2 Form W-4 Sep 2 Fom W-4 Sep 2 Standard Checkbox Standard Checkbox Standard Checkbox But loss withholding withholding withholding withholding withholding holding Alt than The Tentative Withholding Amount is: $1,135 $1,155 573 $43 $89 $110 51,155 $1,175 $21 575 $45 $91 51,175 $1,195 577 $47 $123 $1,195 S04 STT $80 540 5527 51 215 Se 5132 551 $1.235 $1.255 585 $53 $101 $140 51.255 $1.275 587 $55 $105 $1,275 STA $1.295 Se 557 $100 $1.295 ST $1315 $92 580 $100 51.315 $1335 $154 $94 562 $94 $158 $1,335 $1,355 $30 $07 564 51.355 $1,375 5113 ST $162 590 567 $1,395 $115 $43 $90 $1,375 $167 $101 989 $118 $101 $1.395 $1.415 $45 5971 5104 572 $122 $104 $1415 547 $106 $74 $125 $1.435 $1,455 $49 $100 5130 $100 $1,455 $164 $1,475 $51 $111 579 $135 $111 51.475 $1.495 $53 5189 5113 $81 5130 $113 51,495 $1.515 $55 5116 $190 51 51.515 $1,535 $57 $110 $ $143 $1,535 $1.555 $50 $121 BB $1,555 $1.575 $51 $150 591 $121 $123 $157 $123 $1,575 81 Sos 363 $125 $93 $161 51.595 $1.615 $85 $120 590 5160 $120 51.615 $1 635 5220 $87 $130 599 5170 $130 51.635 $1,655 $89 5133 $100 5174 $130 $1,655 $1,675 5135 103 $179 51.675 $1,695 $135 5137 $105 $183 $1,695 $137 $1,715 $140 5100 $188 $140 $1.715 51.735 $77 $142 $110 51,735 $1.755 $80 $145 5112 5190 $145 $1,755 $82 $1,775 $147 $115 5201 $147 $1,775 $1,795 585 $140 $117 5205 $149 $1,795 $1.815 $87 $152 $120 $210 $152 $1.815 $1 835 $89 $154 $122 $214 $154 51.835 $1,855 $92 $157 $124 5218 51,855 $1.875 $94 $150 $127 51.875 $1.895 597 $150 $161 $120 5227 $161 51.895 $1.925 $100 $164 $132 51.925 $1.955 $164 $168 $136 See $1,955 $1,905 $107 $172 $130 5246 51,985 $172 $2.015 $110 $175 $143 52.015 $2,045 $114 $180 $147 52.045 $2.075 $118 $180 $186 5150 $2.075 $150 $2,105 $121 $180 5274 $2,105 $2.135 $125 5200 5157 5291 5200 52.135 $2,165 $128 5200 5161 528 52,165 52,195 $132 $213 $165 $296 $213 $2,195 52.225 5136 $210 $168 5303 $219 52.225 52 255 $139 $123 $310 $225 $2,255 $2,285 $145 5233 $175 $317 $2,285 52.315 $146 $314 5239 $120 $230 $2,315 52,345 $150 5246 5332 52,345 52.375 $154 5002 5339 52.375 $2 405 $157 $0950 $100 30 $2.405 $2.435 5181 $266 $180 3353 sage $2.435 $2,465 $164 $272 $197 $360 $272 52,465 $2,495 $168 $279 $200 $368 $2,495 $2.525 $172 $270 5204 $64 5285 $375 $2,525 3285 $2 555 $431 3292 $200 $382 $2,555 $2.585 $179 $200 $211 $300 $2.585 $2,615 3162 546 $305 $215 52.615 $2,645 $300 $305 5453 $180 $210 5404 $38 $2,645 $2,675 $100 5222 52.675 52.705 5411 $35 540 $193 5305 5226 $410 $305 5495 1923 $100 239 529 $180 Se See 5318 Page 12 Publication 15-T (2020) 30 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period of the Adjusted Wago Married Filling Jointly Hand of Household Amountinho Single or Married Filing Separately FormW-4. Step 2 Form W-4, Step 2 Form W-4, Step 2 Standard Checkbox Standard Checkbox Standard Checkbox Butless withholding witholding withholding withholding withholding witholding At least than The Tentative Withholding Amount is: $2,705 $2.735 $197 $332 5220 5425 $2,735 $2,765 $482 $200 5233 5432 So $2,795 $489 $2.765 S204 $345 5237 $440 $2,795 $2,825 5200 $351 5243 5490 $447 $2,825 $2,855 $211 $958 $250 $511 $2,855 $2,385 $215 $365 $256 5451 $365 $518 $2,085 $2.915 $218 $371 $263 5468 $2,915 5371 5222 $525 $2,945 $378 $200 5476 5378 5532 $2,045 $2,975 5226 $384 5278 $483 31 5539 $2,975 $3,005 $229 $391 $283 $490 $191 $547 $3,005 $3,035 5230 $390 $200 $497 $3,035 $3.065 $300 $554 5404 $290 $504 $3,065 $3,095 3404 5240 $561 $411 S302 5512 $3,095 $3,125 SSGB $244 $411 $417 $300 $417 $575 $247 $434 $310 SSR $3,155 $3,185 $251 $431 $322 $533 $431 $3,185 $3.215 $254 $437 5329 $3,245 $540 3437 $3,215 5258 5444 5335 5548 $3,245 $3,275 5444 $450 $342 $450 $3275 $3,305 $457 $349 $562 5457 $3.305 $260 $355 $589 $3.335 $454 $3,365 $272 $470 $362 $576 $470 $3.365 53.as $276 $477 $368 $584 $3,395 $477 $3,435 $280 $484 $376 $454 $3,435 $502 $3,475 $95 $493 SSS SAOB $433 $3,515 $200 $502 $304 $811 ssce $3.515 $3,555 $295 5511 $403 $624 $3,555 $3,595 $200 $511 5520 $411 5636 $3,595 $3.635 5304 5520 5528 $420 5640 $3,635 $3,675 5522 $300 $537 $429 S2 $537 $3,675 $3,715 $314 5540 5438 5675 $3,715 $546 $310 $141 $3,755 $555 5447 SOBA $S55 $3,755 $75 $3,795 $123 $564 $455 $3,835 5700 $3,795 $300 5573 5564 5767 5464 5713 5573 $3,835 $779 $3.875 5583 $493 5726 $583 5519 $3125 53.155 $424 $555 53.335 5464 $3,475 Publication 15-T (2020) Page 13 Using the provided template complete the Payroll Register for the week of Oct 4-17 for Bonneau Enterprises. All employees are paid on a biweekly basis and according to their W-4 are all married and do not request any additional withholding (Use the tables that start on page 11 of the Pub 15-T that is posted under the Chapter 12 Module). Each employee has requested that 5% of their pay is withheld for the retirement plan. The employees with an hourly rate are the Sales reps and those earning a salary are the Office staff. The merit rating for SUTA is 4.8%. Prepare the necessary journal entries. Project 1 Template.xlsx N YTD Hours Rate Salary Reg Earnings OT Earnings Total Earnings Office Sal Exp FIT FICA-OASDI FICA-Med Exp Abbott 5.000 45 $69.00 Adams 72.000 1.DO 77.00 36 35400 78.400 35 550.00 101,600 41 May 134,400 48 $70.00 Peters 000 2.000 Smith 125, 120 16 600 Tell 104.160 42 200 Tecale Ole Sal Exp FIT FICADASDI FICA-Med Retirement Total Deductions NI Pay FICA-QASDI FICA-Med FUTA SUTA 8803 3340 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period the Adjusted Wage Married Filing Jointly Head of Household Amount (non Single or Married Filing Separately FormW-4. Step 2 FormW-4. Step 2 FormW-4. Step 2 Standard Checkbox Standard Checkbox Standard Checkbox Butless withholding withholding withholding withholding witholding At least than The Tentative Wahholding Amount is SO $240 $ SO $240 $250 SO $250 $260 $0 5260 5270 SO 5270 $200 $200 $290 SO $290 $300 $0 $300 $310 SO $310 $320 SO $320 $330 $330 $340 $350 $350 $360 SO $350 $12 $370 50 $13 $370 $380 $14 $380 $390 $390 $400 $400 $410 5410 $420 $420 $430 $430 $445 $445 SO $460 S460 $475 $475 $490 $12 $490 $505 14 $505 5520 $4 515 $4 5520 $535 SS $17 5535 $550 18 $550 $565 se $20 $565 $580 $0 $10 SO 521 $10 $580 $595 $11 SO 523 $595 511 5610 $13 $24 $13 $610 $625 $14 5625 07 5640 5655 20 517 5655 5670 $19 $0 $31 $10 $670 5685 $20 5685 $700 22 5700 5715 $23 $715 $730 5730 $745 540 $745 $760 $760 S775 $775 5790 $31 5790 5805 547 $ S805 5820 $10 549 5820 534 5835 5835 $35 $850 8.50 $865 $865 SBBO $40 $40 S880 $895 $42 $42 $895 5910 343 5910 $925 $82 $925 $940 563 $940 5955 549 5955 5970 59 $970 $985 $52 560 sas $985 $1.000 $4 $54 $1,000 $1,015 5 $56 SS SA $1.015 $1.035 $7 SS8 558 $1,035 $1,055 577 SI OSS $1,075 81,075 $1,095 $13 $1,095 $105 $1,115 $15 sed $110 51.115 $1,135 $17 $70 570 $114 999888888888888888888888888888888888888888888888888888888 2888888888EEE 88982189858 1888232323988484288888888888888888888888 8888888888888888888888888888888888888888 ===== | z Ba| 3 | 8888888888888888888888850303 EEEBURU 1885 388 888888888888888 16:40 288888888889339 3388888888888888888 as a & B & a b s Publication 15-T (2020) Page 11 $1.215 $1235 8889333333 GEERSTE $1.435 $144 5116 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period It the Adjusted Wage Married Filing Jointly Head of Household Amount in this Single or Married Filing Separately FormW-4, Step 2 Form W-4 Sep 2 Fom W-4 Sep 2 Standard Checkbox Standard Checkbox Standard Checkbox But loss withholding withholding withholding withholding withholding holding Alt than The Tentative Withholding Amount is: $1,135 $1,155 573 $43 $89 $110 51,155 $1,175 $21 575 $45 $91 51,175 $1,195 577 $47 $123 $1,195 S04 STT $80 540 5527 51 215 Se 5132 551 $1.235 $1.255 585 $53 $101 $140 51.255 $1.275 587 $55 $105 $1,275 STA $1.295 Se 557 $100 $1.295 ST $1315 $92 580 $100 51.315 $1335 $154 $94 562 $94 $158 $1,335 $1,355 $30 $07 564 51.355 $1,375 5113 ST $162 590 567 $1,395 $115 $43 $90 $1,375 $167 $101 989 $118 $101 $1.395 $1.415 $45 5971 5104 572 $122 $104 $1415 547 $106 $74 $125 $1.435 $1,455 $49 $100 5130 $100 $1,455 $164 $1,475 $51 $111 579 $135 $111 51.475 $1.495 $53 5189 5113 $81 5130 $113 51,495 $1.515 $55 5116 $190 51 51.515 $1,535 $57 $110 $ $143 $1,535 $1.555 $50 $121 BB $1,555 $1.575 $51 $150 591 $121 $123 $157 $123 $1,575 81 Sos 363 $125 $93 $161 51.595 $1.615 $85 $120 590 5160 $120 51.615 $1 635 5220 $87 $130 599 5170 $130 51.635 $1,655 $89 5133 $100 5174 $130 $1,655 $1,675 5135 103 $179 51.675 $1,695 $135 5137 $105 $183 $1,695 $137 $1,715 $140 5100 $188 $140 $1.715 51.735 $77 $142 $110 51,735 $1.755 $80 $145 5112 5190 $145 $1,755 $82 $1,775 $147 $115 5201 $147 $1,775 $1,795 585 $140 $117 5205 $149 $1,795 $1.815 $87 $152 $120 $210 $152 $1.815 $1 835 $89 $154 $122 $214 $154 51.835 $1,855 $92 $157 $124 5218 51,855 $1.875 $94 $150 $127 51.875 $1.895 597 $150 $161 $120 5227 $161 51.895 $1.925 $100 $164 $132 51.925 $1.955 $164 $168 $136 See $1,955 $1,905 $107 $172 $130 5246 51,985 $172 $2.015 $110 $175 $143 52.015 $2,045 $114 $180 $147 52.045 $2.075 $118 $180 $186 5150 $2.075 $150 $2,105 $121 $180 5274 $2,105 $2.135 $125 5200 5157 5291 5200 52.135 $2,165 $128 5200 5161 528 52,165 52,195 $132 $213 $165 $296 $213 $2,195 52.225 5136 $210 $168 5303 $219 52.225 52 255 $139 $123 $310 $225 $2,255 $2,285 $145 5233 $175 $317 $2,285 52.315 $146 $314 5239 $120 $230 $2,315 52,345 $150 5246 5332 52,345 52.375 $154 5002 5339 52.375 $2 405 $157 $0950 $100 30 $2.405 $2.435 5181 $266 $180 3353 sage $2.435 $2,465 $164 $272 $197 $360 $272 52,465 $2,495 $168 $279 $200 $368 $2,495 $2.525 $172 $270 5204 $64 5285 $375 $2,525 3285 $2 555 $431 3292 $200 $382 $2,555 $2.585 $179 $200 $211 $300 $2.585 $2,615 3162 546 $305 $215 52.615 $2,645 $300 $305 5453 $180 $210 5404 $38 $2,645 $2,675 $100 5222 52.675 52.705 5411 $35 540 $193 5305 5226 $410 $305 5495 1923 $100 239 529 $180 Se See 5318 Page 12 Publication 15-T (2020) 30 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2020 or Later BIWEEKLY Payroll Period of the Adjusted Wago Married Filling Jointly Hand of Household Amountinho Single or Married Filing Separately FormW-4. Step 2 Form W-4, Step 2 Form W-4, Step 2 Standard Checkbox Standard Checkbox Standard Checkbox Butless withholding witholding withholding withholding withholding witholding At least than The Tentative Withholding Amount is: $2,705 $2.735 $197 $332 5220 5425 $2,735 $2,765 $482 $200 5233 5432 So $2,795 $489 $2.765 S204 $345 5237 $440 $2,795 $2,825 5200 $351 5243 5490 $447 $2,825 $2,855 $211 $958 $250 $511 $2,855 $2,385 $215 $365 $256 5451 $365 $518 $2,085 $2.915 $218 $371 $263 5468 $2,915 5371 5222 $525 $2,945 $378 $200 5476 5378 5532 $2,045 $2,975 5226 $384 5278 $483 31 5539 $2,975 $3,005 $229 $391 $283 $490 $191 $547 $3,005 $3,035 5230 $390 $200 $497 $3,035 $3.065 $300 $554 5404 $290 $504 $3,065 $3,095 3404 5240 $561 $411 S302 5512 $3,095 $3,125 SSGB $244 $411 $417 $300 $417 $575 $247 $434 $310 SSR $3,155 $3,185 $251 $431 $322 $533 $431 $3,185 $3.215 $254 $437 5329 $3,245 $540 3437 $3,215 5258 5444 5335 5548 $3,245 $3,275 5444 $450 $342 $450 $3275 $3,305 $457 $349 $562 5457 $3.305 $260 $355 $589 $3.335 $454 $3,365 $272 $470 $362 $576 $470 $3.365 53.as $276 $477 $368 $584 $3,395 $477 $3,435 $280 $484 $376 $454 $3,435 $502 $3,475 $95 $493 SSS SAOB $433 $3,515 $200 $502 $304 $811 ssce $3.515 $3,555 $295 5511 $403 $624 $3,555 $3,595 $200 $511 5520 $411 5636 $3,595 $3.635 5304 5520 5528 $420 5640 $3,635 $3,675 5522 $300 $537 $429 S2 $537 $3,675 $3,715 $314 5540 5438 5675 $3,715 $546 $310 $141 $3,755 $555 5447 SOBA $S55 $3,755 $75 $3,795 $123 $564 $455 $3,835 5700 $3,795 $300 5573 5564 5767 5464 5713 5573 $3,835 $779 $3.875 5583 $493 5726 $583 5519 $3125 53.155 $424 $555 53.335 5464 $3,475 Publication 15-T (2020) Page 13 Using the provided template complete the Payroll Register for the week of Oct 4-17 for Bonneau Enterprises. All employees are paid on a biweekly basis and according to their W-4 are all married and do not request any additional withholding (Use the tables that start on page 11 of the Pub 15-T that is posted under the Chapter 12 Module). Each employee has requested that 5% of their pay is withheld for the retirement plan. The employees with an hourly rate are the Sales reps and those earning a salary are the Office staff. The merit rating for SUTA is 4.8%. Prepare the necessary journal entries. Project 1 Template.xlsx N YTD Hours Rate Salary Reg Earnings OT Earnings Total Earnings Office Sal Exp FIT FICA-OASDI FICA-Med Exp Abbott 5.000 45 $69.00 Adams 72.000 1.DO 77.00 36 35400 78.400 35 550.00 101,600 41 May 134,400 48 $70.00 Peters 000 2.000 Smith 125, 120 16 600 Tell 104.160 42 200 Tecale Ole Sal Exp FIT FICADASDI FICA-Med Retirement Total Deductions NI Pay FICA-QASDI FICA-Med FUTA SUTA