Company XYZ has a new employee that submitted form W-4 from 2020 He is married filing jointly and box 2 is not checked. The employer processes payroll automatically and he has paycheck of $1,500 and is paid semi-monthly Using the percentage method, the worksheet, and the correct table calculate the employee's federal withholding tax for each pay check. ***Enter the pay information into the highlighted cells next to the worksheet to figure federal income tax withholding. This method 1. Percentage Method Tables works for Forms W-4 from 2019 or earlier and Forms W-4 from 2020 or later. This method also works for any amount for Automated Payroll Systems of wages. If the Form W-4 is from 2019 or ealer, this method works for any number of withholding allowances If you have an automated payroll system, use the work claimed sheet below and the Percentage Method tables that follow Worksheet 1. Employer's Withholding Worksheet for Percentage Method Tables for Automated Payroll Systems Keep for Your Records R S 12 24 26 52 200 $0.00 $0.00 Step 1. Adjust the employee's wage amount ta Enter the employee's total table wages this payroll period a $ 10 Enter the number of pay periods you have per year (see Table 3) 1b 10 Multiply the amount online ta by the number on in tb 10 of the employee HAS submitted a Form W-4 to 2020 or later. figure the Adjusted Annual Wage Amount as follows: 10 Enter the amount from Stup 4(a) of the employee's Form W-4 1d $ le Add lines 1 and 10 Te 1 Enter the amount from Step 4b) of the employee's Form W-4 11 S 10 it the box in Step 2 of Form W.4 is checked. antes It the box is not checked, enter $12,9001 taxpayer is married fing journey or $8,800 otherwise fo $ th Add lines and to th 1 Subtractice th trom in te zero or less, entorThis is the Adjusted Annual Wage Amount If the employee HAS NOT submitted a Form W-4 for 2020 or later, figure the Adjusted Annual Wage Amount as follows: 11 Enter the number of lowances aimed on the most recent For W.4 1) 1 Multiply line by $4,300 1k $ 11 Subtractine tktrominee. It or lessenter Wage Amount This is the Adjusted Annual 115 Step 2. Figure the Tentative Withholding Amount based on the employee's Adjusted Annual Wage Amount tling av (Step of the 2020 Form W-4 or marital status in of For W-4 from 2010 or ear and whether the box in Step 2 of 2020 For W 45 checked. Note. Don't use the Head of Household tablet the Form W4 from 2010 or cartier 20 Enter the employee's Adjusted Annual Wage Amount from intro tabove 2b Find the row in the appropriate Annual Percentage Method table in which the amount on line 2 is at least the amount in column A bot less than the amount column B. there the amount from row 2b5 2 the mount from column of throw 2 2d Enter the percentage from column of throw 2d 2 Subtractine 2 tromline 2 265 21 Murid the amount on line 2e by the percentage on the 21 24 29 Add lines 20 and 21 29 21 Dicemount on ne 2g by trumber of pay periods on in 16. This is the Tentative Withholding Amount 2h Step 5 Account for tax credits employees Formation 2020, enter the amoure from those that for cherwise antaro 3 30 Divide the aby number of pay periods on Seine om 355 hantero Step 4 Figure the final amount to withhold Enter the additional amount to hold from the employee's FormW-4 ( 54) of the 2020 fomo * Address and 4 Theis the amount to withhold from the employee's wages this pay period 25 Column $ $0.00 $0.00 $0.00 ne roma 46 Company XYZ has a new employee that submitted form W-4 from 2020 He is married filing jointly and box 2 is not checked. The employer processes payroll automatically and he has paycheck of $1,500 and is paid semi-monthly Using the percentage method, the worksheet, and the correct table calculate the employee's federal withholding tax for each pay check. ***Enter the pay information into the highlighted cells next to the worksheet to figure federal income tax withholding. This method 1. Percentage Method Tables works for Forms W-4 from 2019 or earlier and Forms W-4 from 2020 or later. This method also works for any amount for Automated Payroll Systems of wages. If the Form W-4 is from 2019 or ealer, this method works for any number of withholding allowances If you have an automated payroll system, use the work claimed sheet below and the Percentage Method tables that follow Worksheet 1. Employer's Withholding Worksheet for Percentage Method Tables for Automated Payroll Systems Keep for Your Records R S 12 24 26 52 200 $0.00 $0.00 Step 1. Adjust the employee's wage amount ta Enter the employee's total table wages this payroll period a $ 10 Enter the number of pay periods you have per year (see Table 3) 1b 10 Multiply the amount online ta by the number on in tb 10 of the employee HAS submitted a Form W-4 to 2020 or later. figure the Adjusted Annual Wage Amount as follows: 10 Enter the amount from Stup 4(a) of the employee's Form W-4 1d $ le Add lines 1 and 10 Te 1 Enter the amount from Step 4b) of the employee's Form W-4 11 S 10 it the box in Step 2 of Form W.4 is checked. antes It the box is not checked, enter $12,9001 taxpayer is married fing journey or $8,800 otherwise fo $ th Add lines and to th 1 Subtractice th trom in te zero or less, entorThis is the Adjusted Annual Wage Amount If the employee HAS NOT submitted a Form W-4 for 2020 or later, figure the Adjusted Annual Wage Amount as follows: 11 Enter the number of lowances aimed on the most recent For W.4 1) 1 Multiply line by $4,300 1k $ 11 Subtractine tktrominee. It or lessenter Wage Amount This is the Adjusted Annual 115 Step 2. Figure the Tentative Withholding Amount based on the employee's Adjusted Annual Wage Amount tling av (Step of the 2020 Form W-4 or marital status in of For W-4 from 2010 or ear and whether the box in Step 2 of 2020 For W 45 checked. Note. Don't use the Head of Household tablet the Form W4 from 2010 or cartier 20 Enter the employee's Adjusted Annual Wage Amount from intro tabove 2b Find the row in the appropriate Annual Percentage Method table in which the amount on line 2 is at least the amount in column A bot less than the amount column B. there the amount from row 2b5 2 the mount from column of throw 2 2d Enter the percentage from column of throw 2d 2 Subtractine 2 tromline 2 265 21 Murid the amount on line 2e by the percentage on the 21 24 29 Add lines 20 and 21 29 21 Dicemount on ne 2g by trumber of pay periods on in 16. This is the Tentative Withholding Amount 2h Step 5 Account for tax credits employees Formation 2020, enter the amoure from those that for cherwise antaro 3 30 Divide the aby number of pay periods on Seine om 355 hantero Step 4 Figure the final amount to withhold Enter the additional amount to hold from the employee's FormW-4 ( 54) of the 2020 fomo * Address and 4 Theis the amount to withhold from the employee's wages this pay period 25 Column $ $0.00 $0.00 $0.00 ne roma 46