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9.) Wynne and Associates has employees with pay schedules that vary based on job classification. Use Figure 5.4. Required: Compute the Federal income tax withholding

9.) Wynne and Associates has employees with pay schedules that vary based on job classification. Use Figure 5.4. Required: Compute the Federal income tax withholding for each employee using the percentage method in Appendix C. Assume that no pre-tax deductions exist for any employee.

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10.) Frances Newberry is the payroll accountant for Pack-It Services of Jackson, Arizona. The employees of Pack-It Services are paid semimonthly. An employee, Glen Riley, comes to her on November 6 and requests a pay advance of $1,750, which he will pay back in equal parts on the November 15 and December 15 paychecks. Glen is married with eight withholding allowances and is paid $59,600 per year. He contributes 3 percent of his pay to a 401(k) and has $25 per paycheck deducted for a Section 125 plan. Required: Compute his net pay on his November 15 paycheck. The applicable state income tax rate is 2.88 percent. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix C. (Round your intermediate calculations and final answer to 2 decimal places.)

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Wynne and Associates has employees with pay schedules that vary based on job classification. Use Figure 5.4. Required: Compute the Federal income tax withholding for each employee using the percentage method in Appendix C. Assume that no pre-tax deductions exist for any employee. (Round your intermediate calculations and final answers to 2 decimal places.) Marital Status S Federal Income Tax 1 Employee S. Turner D. McGorray A. Kennedy R. Thomas No. of Pay Exemptions Frequency Weekly 5 Monthly 9 Daily 6 Annually S Pay Amount $ 4,200 $ 21,000 $ 1,100 $ 120,000 M M Frances Newberry is the payroll accountant for Pack-It Services of Jackson, Arizona. The employees of Pack-It Services are paid semimonthly. An employee, Glen Riley, comes to her on November 6 and requests a pay advance of $1,750, which he will pay back in equal parts on the November 15 and December 15 paychecks. Glen is married with eight withholding allowances and is paid $59,600 per year. He contributes 3 percent of his pay to a 401(k) and has $25 per paycheck deducted for a Section 125 plan. Required: Compute his net pay on his November 15 paycheck. The applicable state income tax rate is 2.88 percent. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix C. (Round your intermediate calculations and final answer to 2 decimal places.) Net pay Wynne and Associates has employees with pay schedules that vary based on job classification. Use Figure 5.4. Required: Compute the Federal income tax withholding for each employee using the percentage method in Appendix C. Assume that no pre-tax deductions exist for any employee. (Round your intermediate calculations and final answers to 2 decimal places.) Marital Status S Federal Income Tax 1 Employee S. Turner D. McGorray A. Kennedy R. Thomas No. of Pay Exemptions Frequency Weekly 5 Monthly 9 Daily 6 Annually S Pay Amount $ 4,200 $ 21,000 $ 1,100 $ 120,000 M M Frances Newberry is the payroll accountant for Pack-It Services of Jackson, Arizona. The employees of Pack-It Services are paid semimonthly. An employee, Glen Riley, comes to her on November 6 and requests a pay advance of $1,750, which he will pay back in equal parts on the November 15 and December 15 paychecks. Glen is married with eight withholding allowances and is paid $59,600 per year. He contributes 3 percent of his pay to a 401(k) and has $25 per paycheck deducted for a Section 125 plan. Required: Compute his net pay on his November 15 paycheck. The applicable state income tax rate is 2.88 percent. Use the Wage Bracket Method Tables for Income Tax Withholding in Appendix C. (Round your intermediate calculations and final answer to 2 decimal places.) Net pay

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