Damerly Company (a Utah employer) wants to give a holiday bonus check of $200 to each employee. Since it wants the check amount to be $200, it will need to gross-up the amount of the bonus. Calculate the withholding taxes and the gross amount of the bonus to be made to John Rolen if his cumulative earnings for the year are $46,910. Besides being subject to social security taxes and federal income tax (supplemental rate), a 4.95% Utah income tax must be withheld on supplemental payments.

Enter deductions beginning with a minus sign (). You may need to odjust by a penay (suberact or add) to the gross amouat to get net pay to calculate exactly to s20o.oo. Round your calculations and final answers to the nearest cent. As we 90 to press, the federal income tax rates for 2023 are being determined by budget taks in Waskingten, and are not available for pubtication. For this edibin, the 2022 federal income tox tables for Manval Systems with Foems W-4 trom 2020 or Later with standard withbolding and 2022 fica rates have been used