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a.)Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00 for the 40 hours he worked.

a.)Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($500.00), and the employer withholds the appropriate taxes for the tips from this first pay in March. Calculate his net take-home pay assuming the employer withheld federal income tax (wage-bracket, married, 2 allowances), social security taxes, and state income tax (2%) .. $____________________

b.)Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. Employee No. Employee Name Marital Status No. of Withholding Allowances Gross Wage or Salary Amount to Be Withheld 1 Amoroso, A. M 4 $1,610 weekly __________ 2 Finley, R. S 0 825 biweekly __________ 3 Gluck, E. S 5 9,630 quarterly __________ 4 Quinn, S. M 8 925 semimonthly __________ 5 Treave, Y. M 3 2,875 monthly __________

c.)

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.

Amount to Be Withheld

Employee

Marital Status

No. of Withholding Allowances

Gross Wage or Salary

Percentage Method

Wage-Bracket Method

Corn, A.

S

2

$ 675 weekly

__________

__________

Fogge, P.

S

1

1,960 weekly

__________

__________

Felps, S.

M

6

1,775 biweekly

__________

__________

Carson, W.

M

4

2,480 semimonthly

__________

__________

Helm, M.

M

9

5,380 monthly

__________

__________

Please answer a, b,c throughly. In wordformat not attachment.

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