Assume a tax rate of 6 2 on $128,400 for Social Security and 1 45 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 9 1 and Table 9 2) (Do not round intermediate calculations and round your final answers to the nearest cent ) Assume a tax rate of 6 2 on $128,400 for Social Security and 1 45 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 9 1 and Table 9 2) (Do not round intermediate calculations and round your final answers to the nearest cent ) Marital status M Allowances claim 4 Gross pay $2000 What is the FIT SS MED Net Pay TABLE TABLE 9 2 9 2 Percentage method income tax withholding schedules Percentage Method Tables for Income Tax Withholding (For Wages Paid in 2018) TABLE 1 WEEKLY Payroll Period SO SO (a) SINGLE person (ncluding head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $71 Not over $222 Over But not over of oxcoss over Over But not over of excess over $71 $254 S0 00 plus 10 $71 $222 $588 $0 00 plus 10 $222 $254 $815 $18 30 plus 12 $254 $588 $1,711 $36 60 plus 12 $588 $815 $1,658 $85 62 plus 22 $815 $1,711 $3,395 $171 36 plus 22 $1,711 $1,658 $3,100 $271 08 plus 24 $1,658 $3,395 $6,280 8541 84 plus 24 33,395 $3,100 $3,917 $617 16 plus 32 $3,100 $6,280 $7,914 $1,234 24 plus 32 $6,280 $3,917 $9,687 $878 60 plus 35 $3,917 $7,914 $11,761 $1,757 12 plus 35 $7,914 59,687 $2,898 10 plus 37 S9 687 $11 761 $3,103 57 plus 37 $11,761 TABLE 2 BIWEEKLY Payroll Period SO (a) SINGLE Person (including head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $142 So Not over $444 Over But not over of excess over Over But not over of excess over $142 $509 $0 00 plus 10 $142 $444 $1,177 $0 00 plus 10 $444 $509 $1,631 $36 70 plus 12 $509 $1,177 $3,421 $73 30 plus 12 $1,177 $1,631 $3,315 $171 34 plus 22 $1 631 $3,421 $6,790 $342 58 plus 22 S3,421 $3,315 $5,200 $541 82 plus 24 $3,315 $6,790 $12,560 $1,083 76 plus 24 $6 790 S6 200 S7 835 S1 234 22 plus 32 S6 200 $12 560 $15 829 S2 468 56 plus 32 $12 560 $7,835 $19,373 $1 757 42 plus 35 S7 835 $15,829 $23,521 $3 514 64 plus 35 $15 829 $19,373 $5 795 72 plus 37 $19 373 $23,521 $6 206 84 plus 37 23,521 TABLE 2 BIWEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $142 So Not over $444 SO Over But not over of excess over Over But not over of excess over $142 $509 $0 00 plus 10 $142 $444 $1,177 $0 00 plus 10 $444 $509 $1,631 $36 70 plus 12 $509 $1,177 $3,421 $73 30 plus 12 $1,177 $1,631 $3,315 $171 34 plus 22 $1 631 $3,421 $6,790 $342 58 plus 22 53,421 $3,315 $5,200 $541 82 plus 24 $3,315) $6,790 $12,560 $1,083 76 plus 24 $6 790 S6 200 S7 835 $1 234 22 plus 32 S6 200 $12 560 $15 829 S2 468 56 plus 32 $12 560 $7,835 $19,373 $1 757 42 plus 35 S7835 $15,829 $23,521 $3 514 64 plus 35 $15 829 $19 373 $5 795 72 plus 37 $19 373 $23,521 $6 206 84 plus 37 $23,521 TABLE 3 SEMIMONTHLY Payroll Period (a) SINGLE person (ncluding head of household) (6) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $154 SO Not over $481 SO Over But not over of excess over Over But not over of excess over $154 $551 S000 plius 10 $154 4 81 $481 $1 975 $0 00 plus 10 $481 $551 $1,767 $39 70 plus 12 $551 $1,275 $3,706 $79 40 plus 12 $1,275 $1,767 $3,592 $185 62 plus 22 $1,767 $3,706 $7,356 $371 12 plus 22 $3,708 $3,592 $6 717 $587 12 plus 24 $3,592 $7,356 $13,606 $1,174 12 plus 24 $7,356 $6,717 $8,483 $1,337 12 plus 32 S6,717 $13,606 $17,148 $2,674 12 plus 32 $13,606 $8,488 $20,989 $1,903 84 plus 35 $8,488 $17,148 $25,481 $3,807 56 plus 35 $17,148 $20 988 $6 278 84 plus 379 $20 988) $25,481 $6,724 11 plus 37 $80,401 TABLE 4 MONTHLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tout (after oubtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $308 SO Not over $063 SO Over But not over of excess over Over But not over of excess over $308 $1,102 SO,00 plus 10 $3081 $963 $2,550 $0 00 plus 10 $963 $1,102 $3,533 $79 40 plus 12 $1,102 $2,550 $7,413 $158 70 plus 12 $2,550 $3,533 $7,183 $371 12 plus 22 $3,533 $7,413 $14,713 $742 26 plus 22 $7,413 $7 183 $13,433 $1,174 12 plus 24 S7 183 $14,713 $27,213 $2,348 26 plus 24 $14,713 $13,433 $16 975 $2,674 12 plus 32 $13,433 $27,213 $34,296 $5,348 26 plus 32 $27,213 $16,975 $41,975 $3,807 56 plus 35 $16,975 $34,296 $50,963 $7,614 82 plus 35 $34 296 $41,975 $12,557 56 plus 37 $41,975 $50,963 $13,448 27 plus 37 $50,963 Source Internal Revenue Service TABLE 9 1 Percentage method income tax withholding allowances Payroll Period Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll One Withholding Allowance $ 79 80 159 60 172 90 345 80 1,037 50 2,075 00 4,150 00 period) 16 00 TABLE TABLE 9 2 9 2 Percentage method income tax withholding schedules Percentage Method Tables for Income Tax Withholding (For Wages Paid in 2018) TABLE 1 WEEKLY Payroll Period SO SO (a) SINGLE person (ncluding head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $71 Not over $222 Over But not over of oxcoss over Over But not over of excess over $71 $254 S0 00 plus 10 $71 $222 $588 $0 00 plus 10 $222 $254 $815 $18 30 plus 12 $254 $588 $1,711 $36 60 plus 12 $588 $815 $1,658 $85 62 plus 22 $815 $1,711 $3,395 $171 36 plus 22 $1,711 $1,658 $3,100 $271 08 plus 24 $1,658 $3,395 $6,280 8541 84 plus 24 33,395 $3,100 $3,917 $617 16 plus 32 $3,100 $6,280 $7,914 $1,234 24 plus 32 $6,280 $3,917 $9,687 $878 60 plus 35 $3,917 $7,914 $11,761 $1,757 12 plus 35 $7,914 59,687 $2,898 10 plus 37 S9 687 $11 761 $3,103 57 plus 37 $11,761 TABLE 2 BIWEEKLY Payroll Period SO (a) SINGLE Person (including head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $142 So Not over $444 Over But not over of excess over Over But not over of excess over $142 $509 $0 00 plus 10 $142 $444 $1,177 $0 00 plus 10 $444 $509 $1,631 $36 70 plus 12 $509 $1,177 $3,421 $73 30 plus 12 $1,177 $1,631 $3,315 $171 34 plus 22 $1 631 $3,421 $6,790 $342 58 plus 22 S3,421 $3,315 $5,200 $541 82 plus 24 $3,315 $6,790 $12,560 $1,083 76 plus 24 $6 790 S6 200 S7 835 S1 234 22 plus 32 S6 200 $12 560 $15 829 S2 468 56 plus 32 $12 560 $7,835 $19,373 $1 757 42 plus 35 S7 835 $15,829 $23,521 $3 514 64 plus 35 $15 829 $19,373 $5 795 72 plus 37 $19 373 $23,521 $6 206 84 plus 37 23,521 TABLE 2 BIWEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $142 So Not over $444 SO Over But not over of excess over Over But not over of excess over $142 $509 $0 00 plus 10 $142 $444 $1,177 $0 00 plus 10 $444 $509 $1,631 $36 70 plus 12 $509 $1,177 $3,421 $73 30 plus 12 $1,177 $1,631 $3,315 $171 34 plus 22 $1 631 $3,421 $6,790 $342 58 plus 22 53,421 $3,315 $5,200 $541 82 plus 24 $3,315) $6,790 $12,560 $1,083 76 plus 24 $6 790 S6 200 S7 835 $1 234 22 plus 32 S6 200 $12 560 $15 829 S2 468 56 plus 32 $12 560 $7,835 $19,373 $1 757 42 plus 35 S7835 $15,829 $23,521 $3 514 64 plus 35 $15 829 $19 373 $5 795 72 plus 37 $19 373 $23,521 $6 206 84 plus 37 $23,521 TABLE 3 SEMIMONTHLY Payroll Period (a) SINGLE person (ncluding head of household) (6) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $154 SO Not over $481 SO Over But not over of excess over Over But not over of excess over $154 $551 S000 plius 10 $154 4 81 $481 $1 975 $0 00 plus 10 $481 $551 $1,767 $39 70 plus 12 $551 $1,275 $3,706 $79 40 plus 12 $1,275 $1,767 $3,592 $185 62 plus 22 $1,767 $3,706 $7,356 $371 12 plus 22 $3,708 $3,592 $6 717 $587 12 plus 24 $3,592 $7,356 $13,606 $1,174 12 plus 24 $7,356 $6,717 $8,483 $1,337 12 plus 32 S6,717 $13,606 $17,148 $2,674 12 plus 32 $13,606 $8,488 $20,989 $1,903 84 plus 35 $8,488 $17,148 $25,481 $3,807 56 plus 35 $17,148 $20 988 $6 278 84 plus 379 $20 988) $25,481 $6,724 11 plus 37 $80,401 TABLE 4 MONTHLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person If the amount of wages If the amount of wages (after subtracting The amount of income tout (after oubtracting The amount of income tax withholding allowances) is to withhold is withholding allowances) is to withhold is Not over $308 SO Not over $063 SO Over But not over of excess over Over But not over of excess over $308 $1,102 SO,00 plus 10 $3081 $963 $2,550 $0 00 plus 10 $963 $1,102 $3,533 $79 40 plus 12 $1,102 $2,550 $7,413 $158 70 plus 12 $2,550 $3,533 $7,183 $371 12 plus 22 $3,533 $7,413 $14,713 $742 26 plus 22 $7,413 $7 183 $13,433 $1,174 12 plus 24 S7 183 $14,713 $27,213 $2,348 26 plus 24 $14,713 $13,433 $16 975 $2,674 12 plus 32 $13,433 $27,213 $34,296 $5,348 26 plus 32 $27,213 $16,975 $41,975 $3,807 56 plus 35 $16,975 $34,296 $50,963 $7,614 82 plus 35 $34 296 $41,975 $12,557 56 plus 37 $41,975 $50,963 $13,448 27 plus 37 $50,963 Source Internal Revenue Service TABLE 9 1 Percentage method income tax withholding allowances Payroll Period Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll One Withholding Allowance $ 79 80 159 60 172 90 345 80 1,037 50 2,075 00 4,150 00 period) 16 00

Question

Assume a tax rate of 6 2  on $128,400 for Social Security and 1 45  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 9 1 and Table 9 2)  (Do not round intermediate calculations and round your final answers to the nearest cent ) Assume a tax rate of 6 2  on $128,400 for Social Security and 1 45  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 9 1 and Table 9 2)  (Do not round intermediate calculations and round your final answers to the nearest cent ) Marital status M Allowances claim 4 Gross pay $2000 What is the FIT SS MED Net Pay TABLE TABLE 9 2 9 2 Percentage method income tax withholding schedules Percentage Method Tables for Income Tax Withholding (For Wages Paid in 2018) TABLE 1 WEEKLY Payroll Period SO SO (a) SINGLE person (ncluding head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is  to withhold is  withholding allowances) is  to withhold is  Not over $71   Not over $222    Over But not over  of oxcoss over Over  But not over  of excess over  $71 $254   S0 00 plus 10  $71 $222 $588  $0 00 plus 10   $222 $254  $815 $18 30 plus 12   $254 $588 $1,711    $36 60 plus 12   $588 $815  $1,658    $85 62 plus 22  $815 $1,711   $3,395 $171 36 plus 22   $1,711 $1,658 $3,100 $271 08 plus 24   $1,658 $3,395 $6,280 8541 84 plus 24  33,395 $3,100  $3,917   $617 16 plus 32    $3,100 $6,280  $7,914 $1,234 24 plus 32  $6,280 $3,917   $9,687 $878 60 plus 35   $3,917 $7,914  $11,761     $1,757 12 plus 35   $7,914 59,687      $2,898 10 plus 37   S9 687 $11 761               $3,103 57 plus 37   $11,761 TABLE 2 BIWEEKLY Payroll Period SO (a) SINGLE Person (including head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is  to withhold is  withholding allowances) is  to withhold is  Not over $142         So Not over $444        Over  But not over  of excess over  Over  But not over  of excess over  $142  $509    $0 00 plus 10   $142 $444  $1,177    $0 00 plus 10   $444 $509  $1,631    $36 70 plus 12   $509 $1,177  $3,421    $73 30 plus 12  $1,177 $1,631  $3,315     $171 34 plus 22   $1 631 $3,421   $6,790   $342 58 plus 22   S3,421 $3,315  $5,200 $541 82 plus 24   $3,315 $6,790  $12,560     $1,083 76 plus 24   $6 790 S6 200  S7 835  S1 234 22 plus 32   S6 200 $12 560   $15 829 S2 468 56 plus 32   $12 560 $7,835  $19,373   $1 757 42 plus 35   S7 835 $15,829  $23,521    $3 514 64 plus 35   $15 829 $19,373           $5 795 72 plus 37   $19 373 $23,521             $6 206 84 plus 37    23,521 TABLE 2 BIWEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is  to withhold is  withholding allowances) is  to withhold is  Not over $142         So Not over $444        SO Over  But not over  of excess over  Over  But not over  of excess over  $142  $509  $0 00 plus 10   $142 $444  $1,177    $0 00 plus 10   $444 $509  $1,631    $36 70 plus 12   $509 $1,177  $3,421    $73 30 plus 12  $1,177 $1,631  $3,315     $171 34 plus 22   $1 631 $3,421   $6,790   $342 58 plus 22   53,421 $3,315  $5,200 $541 82 plus 24   $3,315) $6,790 $12,560   $1,083 76 plus 24  $6 790 S6 200  S7 835 $1 234 22 plus 32   S6 200 $12 560   $15 829 S2 468 56 plus 32   $12 560 $7,835  $19,373 $1 757 42 plus 35   S7835 $15,829  $23,521    $3 514 64 plus 35   $15 829 $19 373        $5 795 72 plus 37   $19 373 $23,521        $6 206 84 plus 37    $23,521 TABLE 3 SEMIMONTHLY Payroll Period (a) SINGLE person (ncluding head of household) (6) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is  withholding allowances) is  to withhold is  Not over $154    SO Not over $481      SO Over  But not over  of excess over Over  But not over  of excess over  $154  $551 S000 plius 10   $154 4 81 $481  $1 975 $0 00 plus 10   $481 $551  $1,767 $39 70 plus 12   $551 $1,275   $3,706 $79 40 plus 12   $1,275 $1,767  $3,592     $185 62 plus 22   $1,767 $3,706  $7,356    $371 12 plus 22  $3,708 $3,592 $6 717   $587 12 plus 24   $3,592 $7,356  $13,606   $1,174 12 plus 24   $7,356 $6,717 $8,483   $1,337 12 plus 32   S6,717 $13,606  $17,148   $2,674 12 plus 32   $13,606 $8,488  $20,989 $1,903 84 plus 35  $8,488 $17,148  $25,481    $3,807 56 plus 35   $17,148 $20 988       $6 278 84 plus 379 $20 988) $25,481   $6,724 11 plus 37  $80,401 TABLE 4 MONTHLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tout (after oubtracting The amount of income tax withholding allowances) is to withhold is  withholding allowances) is  to withhold is  Not over $308      SO Not over $063         SO Over  But not over  of excess over Over  But not over  of excess over  $308  $1,102  SO,00 plus 10   $3081 $963 $2,550    $0 00 plus 10   $963 $1,102  $3,533    $79 40 plus 12   $1,102 $2,550 $7,413    $158 70 plus 12   $2,550 $3,533  $7,183    $371 12 plus 22   $3,533 $7,413  $14,713    $742 26 plus 22   $7,413 $7 183  $13,433 $1,174 12 plus 24   S7 183 $14,713  $27,213   $2,348 26 plus 24   $14,713 $13,433  $16 975    $2,674 12 plus 32   $13,433 $27,213  $34,296    $5,348 26 plus 32    $27,213 $16,975  $41,975 $3,807 56 plus 35   $16,975 $34,296  $50,963    $7,614 82 plus 35   $34 296 $41,975 $12,557 56 plus 37   $41,975 $50,963   $13,448 27 plus 37   $50,963 Source  Internal Revenue Service TABLE 9 1 Percentage method income tax withholding allowances Payroll Period Weekly           Biweekly         Semimonthly Monthly               Quarterly        Semiannually Annually         Daily or miscellaneous (each day of the payroll One Withholding Allowance $ 79 80 159 60 172 90 345 80 1,037 50 2,075 00 4,150 00 period)                                                   16 00 TABLE TABLE 9 2 9 2 Percentage method income tax withholding schedules Percentage Method Tables for Income Tax Withholding (For Wages Paid in 2018) TABLE 1 WEEKLY Payroll Period SO SO (a) SINGLE person (ncluding head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is  to withhold is  withholding allowances) is  to withhold is  Not over $71   Not over $222    Over But not over  of oxcoss over Over  But not over  of excess over  $71 $254   S0 00 plus 10  $71 $222 $588  $0 00 plus 10   $222 $254  $815 $18 30 plus 12   $254 $588 $1,711    $36 60 plus 12   $588 $815  $1,658    $85 62 plus 22  $815 $1,711   $3,395 $171 36 plus 22   $1,711 $1,658 $3,100 $271 08 plus 24   $1,658 $3,395 $6,280 8541 84 plus 24  33,395 $3,100  $3,917   $617 16 plus 32    $3,100 $6,280  $7,914 $1,234 24 plus 32  $6,280 $3,917   $9,687 $878 60 plus 35   $3,917 $7,914  $11,761     $1,757 12 plus 35   $7,914 59,687      $2,898 10 plus 37   S9 687 $11 761               $3,103 57 plus 37   $11,761 TABLE 2 BIWEEKLY Payroll Period SO (a) SINGLE Person (including head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is  to withhold is  withholding allowances) is  to withhold is  Not over $142         So Not over $444        Over  But not over  of excess over  Over  But not over  of excess over  $142  $509    $0 00 plus 10   $142 $444  $1,177    $0 00 plus 10   $444 $509  $1,631    $36 70 plus 12   $509 $1,177  $3,421    $73 30 plus 12  $1,177 $1,631  $3,315     $171 34 plus 22   $1 631 $3,421   $6,790   $342 58 plus 22   S3,421 $3,315  $5,200 $541 82 plus 24   $3,315 $6,790  $12,560     $1,083 76 plus 24   $6 790 S6 200  S7 835  S1 234 22 plus 32   S6 200 $12 560   $15 829 S2 468 56 plus 32   $12 560 $7,835  $19,373   $1 757 42 plus 35   S7 835 $15,829  $23,521    $3 514 64 plus 35   $15 829 $19,373           $5 795 72 plus 37   $19 373 $23,521             $6 206 84 plus 37    23,521 TABLE 2 BIWEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is  to withhold is  withholding allowances) is  to withhold is  Not over $142         So Not over $444        SO Over  But not over  of excess over  Over  But not over  of excess over  $142  $509  $0 00 plus 10   $142 $444  $1,177    $0 00 plus 10   $444 $509  $1,631    $36 70 plus 12   $509 $1,177  $3,421    $73 30 plus 12  $1,177 $1,631  $3,315     $171 34 plus 22   $1 631 $3,421   $6,790   $342 58 plus 22   53,421 $3,315  $5,200 $541 82 plus 24   $3,315) $6,790 $12,560   $1,083 76 plus 24  $6 790 S6 200  S7 835 $1 234 22 plus 32   S6 200 $12 560   $15 829 S2 468 56 plus 32   $12 560 $7,835  $19,373 $1 757 42 plus 35   S7835 $15,829  $23,521    $3 514 64 plus 35   $15 829 $19 373        $5 795 72 plus 37   $19 373 $23,521        $6 206 84 plus 37    $23,521 TABLE 3 SEMIMONTHLY Payroll Period (a) SINGLE person (ncluding head of household) (6) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is to withhold is  withholding allowances) is  to withhold is  Not over $154    SO Not over $481      SO Over  But not over  of excess over Over  But not over  of excess over  $154  $551 S000 plius 10   $154 4 81 $481  $1 975 $0 00 plus 10   $481 $551  $1,767 $39 70 plus 12   $551 $1,275   $3,706 $79 40 plus 12   $1,275 $1,767  $3,592     $185 62 plus 22   $1,767 $3,706  $7,356    $371 12 plus 22  $3,708 $3,592 $6 717   $587 12 plus 24   $3,592 $7,356  $13,606   $1,174 12 plus 24   $7,356 $6,717 $8,483   $1,337 12 plus 32   S6,717 $13,606  $17,148   $2,674 12 plus 32   $13,606 $8,488  $20,989 $1,903 84 plus 35  $8,488 $17,148  $25,481    $3,807 56 plus 35   $17,148 $20 988       $6 278 84 plus 379 $20 988) $25,481   $6,724 11 plus 37  $80,401 TABLE 4 MONTHLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person  If the amount of wages If the amount of wages (after subtracting The amount of income tout (after oubtracting The amount of income tax withholding allowances) is to withhold is  withholding allowances) is  to withhold is  Not over $308      SO Not over $063         SO Over  But not over  of excess over Over  But not over  of excess over  $308  $1,102  SO,00 plus 10   $3081 $963 $2,550    $0 00 plus 10   $963 $1,102  $3,533    $79 40 plus 12   $1,102 $2,550 $7,413    $158 70 plus 12   $2,550 $3,533  $7,183    $371 12 plus 22   $3,533 $7,413  $14,713    $742 26 plus 22   $7,413 $7 183  $13,433 $1,174 12 plus 24   S7 183 $14,713  $27,213   $2,348 26 plus 24   $14,713 $13,433  $16 975    $2,674 12 plus 32   $13,433 $27,213  $34,296    $5,348 26 plus 32    $27,213 $16,975  $41,975 $3,807 56 plus 35   $16,975 $34,296  $50,963    $7,614 82 plus 35   $34 296 $41,975 $12,557 56 plus 37   $41,975 $50,963   $13,448 27 plus 37   $50,963 Source  Internal Revenue Service TABLE 9 1 Percentage method income tax withholding allowances Payroll Period Weekly           Biweekly         Semimonthly Monthly               Quarterly        Semiannually Annually         Daily or miscellaneous (each day of the payroll One Withholding Allowance $ 79 80 159 60 172 90 345 80 1,037 50 2,075 00 4,150 00 period)                                                   16 00

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Assume a tax rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare. No one will reach the maximum for FICA. Complete the

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