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Bob Wolfe's weekly gross earnings for the present week were $1,500. Wolfe has three exemptions. Using the wage bracket withholding table below with a $63
Bob Wolfe's weekly gross earnings for the present week were $1,500. Wolfe has three exemptions. Using the wage bracket withholding table below with a $63 standard withholding allowance for each exemption, what is Wolfe's federal income tax withholding? Round your answer to two decimal places.
Table for Percentage Method of Withholding WEEKLY Payroll Period (a) SINGLE person (including head of household) If the amount of wages (after The amount of income subtracting withholding allowances) is tax to withhold is: Not over $51.... $0 of excess over Over But not over $51 $51 $198 10% $653 $198 $198 $14.70 plus 15% $1,533 $82.95 plus 25% $653 $653 $1,533 $1,533 $3,202 $302.95 plus 28% $6,916 $3,202 $770.27 plus 33% $3,202 $1,995.89 plus 35% $6,916 $6,916 Step by Step Solution
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