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As we go to press, the federal income tax rates for 2 0 2 1 are being determined by budget talks in Washington and not
As we go to press, the federal income tax rates for are being determined by budget talks in Washington and not available for publication. For this edition, the federal income tax tables for Manual Systems with Forms W from or later with Standard Withholding and FICA rates have been used.
a What is the maximum that he can contribute into this retirement fund?
$fill in the blank
b What would be the company's contribution?
$fill in the blank
Note: For items c & d below, round interim amounts to two decimal places. Use these values in subsequent computations then round final answer to two decimal places.
c What would be his weekly takehome if he contributes the maximum allowed retirement contribution married filing jointly, wagebracket method, and a state income tax on total wages
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