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Assume a tax rate of 6.2% on $118,500 for Social Security and 145% for Medicare. No one will reach the maximum for FICA. Complete the

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Assume a tax rate of 6.2% on $118,500 for Social Security and 145% for Medicare. No one will reach the maximum for FICA. Complete the following payroll register. (Use the percentage method to calculate FIT for this weekly period.) (Use Table 71 and Table 72). (Do not round intermediate calculations and round your final answers to the nearest cent.) FICA Allowances claimed Marital status Gross pay FIT Med. S.S. Net pay Employee Bill Moore M 6 $ 1.500 05 Over -3385 -1795 LOCS LOS Percentage Method Tables for Income Tax Withholding TABLE WEEKLY Payroll Period SINGLE personne need of household (D) MARRIED person out of eart of Corring The amount of income to urbating The act of income glowance withholding Note 4 Noties 50 But not over of excess Over-Over- But not over oceseve 30 000 340 $105 SOLO 10% -9185 3222 --3764 51780 -57221 $530 $1.000 35 50 15 5764 -3.71 110295 76 1.00 -3.0 11.02 -1.600 3170 33552 3. -31 - SOT $S55 15 -3.07 $9.685 -7.95 586 233 58.079 5901 3795 -- 100 220032 $8.00 --50 105 po -8070 12.900 BOARDS 550 TABLE - AWEEKLY Payroll Period (*) SINOLE person including of how MARRIED mone the amount ht The amount of Theutofino While hed - H bod Nowe 231 Ow But not ofertes Over But now of over 30000 1551 - 59.000 -1 14 55.000 - -100 SES -3.57 Sus -31 1959 -7300 - -3212 STIDOS -STA - 2 - 51772.16 375104 -- - $15.95 -15.00 1456 ---51551615 --- SET 35 -10 14615 151 210 54 1210 TABLE 3-SEIMONTHLY Payroll Period a)NOLE MARRIED person 08 VOLos OS VOLSOS lowers seOve LIS no Not O Sur SERO 3000 SEO 1. - 12342 SAIT -- ST2000 HITNO -13 542 112212 SO SOOD 127 -350 - w -571 517517504 - -17.00 th TABLE ONTHLY MAND #) SINGLE in the Thes SOODS Durnerone 59 11530 334 of EO TU 100 - --- SO SESSO SEN IS- LETIS HO ws sty MacBook Air 80 Payroll Period Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) One Withholding Allowance $ 76.90 153.80 166.70 333.30 1.000.00 2,000.00 4,000.00 15.40

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