A B C D E 1 Use the following rates, ceiling, and maximum taxes in your assignments unless otherwise instructed. 3 Employee and Employer OASDI: 6.20% Employee and Employer Hl: 1.45% 5 Self-employed OASDI: 12.40% Self-employed HI: 2.90% For rounding rules, refer to page 2-35 in your text. $128,400 $7,960.80 no limitno maximum $128,400 $15,921.60 no limit no maximum $15,921.60 1 15 pts. Use (a) the percentage method and (b) the wage bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. No. of Withholdin Marital Status Percentge Method Wage- Bracket Method Employee Rulz, S. Flume, X. Farley, H. Comey, P. Hanks, R. Allowances 2 1 6 4 0 Gross Wage or Salary $1,040 weekly 2 ,190 weekly 1,890 blweekly 2,315 semimonthly 4,200 monthly