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 deductin 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. Gross Annual Standard Salary Deduction Adjusted Annual 9 10 11 Amount used to calculate percentage amount Amount to Withhold Over Exceed Amount Exceed Amount Percentage Adjusted Annual 12 Vage 13 14 15 Amount to withhold Over Exceed 16 Amount 17 18 19 Tentative amount to withhold Annual federal withholding $545.00 Annual Federal 20 Withholding 21 $545.00 22 Federal Number of withholding pay periods per pay in a year period 2020 Percentage Method Tables for Automated Payroll Systems STANDARD Withholding Rate Schedules Form W-4, Step 2. Checkbox, Withholding Rate Schedules (Use these it the Form W-4 is from 2019 oreaner, or if the Form W48 (Use these if the Form W-4 is from 2020 or later and the box in Step 2 trom 2020 or later and the box in Step 2 of Form W-4 is NOT checked) Form W-4 15 checked If the Adjusted Annual of the the Adjusted Annual Wage Amount (line 2a) of the The Wage Amount (line 2a) is: amount that The amount that is: tentative the Adjusted tentative the Adjusted But less amount to Plus this Annual Wage But less amount to Plus this Annual Wage At least than withhold is: percentage-exceeds- At least than withhold is: percentage-- exceeds A B D E B C D Married Filing Jointly Married Filing Jointly SO $11.900 $0.00 0 $0 50 $12.400 50.00 ON SO $11.900 $31,650 $0.00 10W $11.900 $12.400 $22.275 50.00 10% $12.400 $31.650 $92,150 $1.975.00 12N $31.650 $22.275 $52525 $98750 125 $22.275 592,150 $152,950 $9.235.00 22 $2.50 $52.525 $97.925 54617.50 $16.950 5338.500 $29.21100 20% $18.950 $97.925 $175.700 $14.605.50 $97.925 $398,500 $425.000 $65.543.00 32 $338,500 $175,700 $219.750 $33,271,50 $175,700 $420,000 5633.950 504735.00 35% $425.000 $219.750 $323.425 54736750 $219.750 $633,950 $167.30750 37 5639.950 5323.425 583.653 75 37% 5323425 Single or Married Filing Separately $3.500 50.00 0% $9.000 $13.675 50.00 109 $13,475 $43.925 $967 50 12 540.325 500.325 54.517.50 580325 $167.100 $14605 50 $167.100 $211,150 $33.27150 $211150 $47.07.50 35 5522 200 5155.235.00 50 $3,800 $13.675 $43.925 580,325 $167.100 $211,150 5522 200 SO 58.200 $11.138 520.253 $48.065 Single or Married Filing Separately 55.200 80.00 ON $11.130 $0.00 10% $26.263 $43.75 12 S4063 32.308.75 $87.450 57 302.75 24 $109.875 $16.635.75 $265.400 $23.683.75 S78.117.50 SO 58.00 511.13 200 50.000 587850 3109.875 31 $109.875 5.295.400
