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An employee has on file a 2019 W-4 form with box 2 checked and his Annual salary is $50,000 with a filing status of Single

An employee has on file a 2019 W-4 form with box 2 checked

and his Annual salary is $50,000 with a filing status of Single with 2 allowances

and has a yearly standard deduction of $8,600. His paycheck is processed automatically.

The employee is paid by-weekly.

Using the correct table and the percentage method

calculate the employee's federal Withholding for each pay check.

image text in transcribedimage text in transcribed

Gross Adjusted Annual Standard Annual Salary Deduction Wage $50,000.00 $8,600.00 $41,400.00 Adjusted Annual Wage Amount used to calculate percentage amount Amount to Withhold Over Exceed Percentage Amount Exceed Amount Amount to withhold Over Exceed Amount Tentative amount to withhold Annual federal withholding $545.00 + Annual Federal Withholding Federal Number of withholding pay periods per pay in a year period 26 / ar th 2020 Percentage Method Tables for Automated Payroll Systems STANDARD Withholding Rate Schedules Form W-4, Step 2, Checkbox, Withholding Rate Sche (Use these if the Form W-4 is from 2019 or earlier, or if the Form W-4 is (Use these if the Form W-4 is from 2020 or later and the box ir from 2020 or later and the box in Step 2 of Form W-4 is NOT checked) Form W-4 IS checked) If the Adjusted Annual of the If the Adjusted Annual Wage Amount (line 2a) The amount that Wage Amount (line 2a) is: The is: tentative the Adjusted tentative But less amount to Plus this Annual Wage But less amount to Plus this . At least- than- withhold is: percentage- exceeds, At least- than withhold is: percentage- e B E B D Married Filing Jointly Married Filing Jointly SO $11,900 $0.00 $0 $0 $12,400 $0.00 0% $11,900 $31,650 $0.00 10% $11.900 $12,400 $22,275 $0.00 10% $31,650 $92,150 $1,975.00 12% $31,650 $22,275 $52,525 $987.50 12% $92,150 $182,950 $9,235.00 22% $92,150 $52,525 $97.925 $4,617.50 22% $182,950 $338,500 $29,211.00 24% $182,950 $97.925 $175,700 $14,605.50 24% $338,500 $426,600 $66,543.00 32% $338,500 $175,700 $219,750 $33,271.50 32% $426,600 $633,950 $94.735.00 35% $426,600 $219.750 $323,425 $47,367.50 35% $633,950 $167,307.50 37% $633,950 $323,425 $83,653.75 37% SO $3,800 $13,675 $43.925 $89,325 $167,100 $211,150 $522,200 Single or Married Filing Separately $3,800 $0.00 0% $13,675 $0.00 10% $43.925 $987.50 12% $89,325 $4,617.50 22% $167,100 $14,605.50 24% $211,150 $33,271.50 32% $522,200 $47,367.50 35% $156,235.00 37% $0 $3,800 $13,675 $43.925 $89,325 $167,100 $211,150 $522,200 $0 $6,200 $11,138 $26,263 $48,963 $87,850 $109.875 $265,400 Single or Married Filing Separately $6,200 $0.00 0% $11,138 $0.00 10% $26,263 $493.75 12% $48,963 $2,308.75 22% $87,850 $7,302.75 24% $109,875 $16,635.75 32% $265,400 $23,683.75 35% $78,117.50 37%

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