e 3 You are the payroll manager for a resort. Your daughter (Ellen Boxwood) is the marketing director earning a salary of $38.400 per year, payable monthly. She is married and claims four withholding allowances. Her social security number is 222-22-2222. In addition to federal income tax, social security, and Medicare, ten pays 24 state income tax, for state disability rourance (both based on gross earringa), $34.66 for termine Insurance, $133.48 to the credit union, and $10 to the United Way. Fill out the following payroll voucher for Ellen for the month of December (Use Exhibit 1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $120,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee Tax Piling Status: SSN: Withholding Allowances Pull-time Pay Period From Select to e Primary Withholdings Additional Withholdings Federal income tax $ Term life Social Security $ Credit union Medicare $ United Way State income tax 5 State disability $ Gross earnings: 5 Total withholdings: 5 NET PAYS EXHIBIT 9-1 Percentage Method Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) $ 79.80 159.60 172.90 345.80 1,037.50 2,075.00 4,150.00 16.00 MONTHLY Payroll Period (b) MARRIED person- If the amount of wages (after subtracting The amount of income tax withholding allowances) is: to withhold is: Not over $963............... $0 ess over-Over- But not over- of excess over- -$308 $963 -$2,550 ..$0.00 plus 10% -$963 -$1,102 $2,550 -$7,413 .$158.70 plus 12% -$2,550 -$3,533 $7,413 -$14,713 $742.26 plus 22% -$7,413 -$7,183 $14,713 -$27,213 ..$2,348.26 plus 24% -$14,713 -$13,433 $27,213 -$34,296 $5,345.26 plus 32% -$27,213 -$ 16,975 $34,296 -$50,963 $7,614.82 plus 35% -$34,296 -$41,975 $50,963. $13,448.27 plus 37% -$50,963 HER +++ You are the payroll manager for a resort. Your daughter (Ellen Boxwood) is the marketing director earning a salary of $38,400 per year, payable monthly. She is married and claims four withholding allowances. Her social security number is 222-22-2222. In addition to federal income tax, social security, and Medicare, Ellen pays 2.4% state income tax, % for state disability insurance (both based on gross earnings), $34.69 for term life insurance, $133.48 to the credit union, and $30 to the United Way. Fill out the following payroll voucher for Ellen for the month of December. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee: Tax Filing Status: --Select SSN: Withholding Allowances: Full-time Pay Period From --Select-- to ---Select- Primary Withholdings: Additional Withholdings: Federal income tax $ Term life Social Security $ Credit union $ Medicare $ United Way State income tax $ State disability $ Gross earnings: $ - Total withholdings: $ NET PAY $ e 3 You are the payroll manager for a resort. Your daughter (Ellen Boxwood) is the marketing director earning a salary of $38.400 per year, payable monthly. She is married and claims four withholding allowances. Her social security number is 222-22-2222. In addition to federal income tax, social security, and Medicare, ten pays 24 state income tax, for state disability rourance (both based on gross earringa), $34.66 for termine Insurance, $133.48 to the credit union, and $10 to the United Way. Fill out the following payroll voucher for Ellen for the month of December (Use Exhibit 1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $120,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee Tax Piling Status: SSN: Withholding Allowances Pull-time Pay Period From Select to e Primary Withholdings Additional Withholdings Federal income tax $ Term life Social Security $ Credit union Medicare $ United Way State income tax 5 State disability $ Gross earnings: 5 Total withholdings: 5 NET PAYS EXHIBIT 9-1 Percentage Method Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) $ 79.80 159.60 172.90 345.80 1,037.50 2,075.00 4,150.00 16.00 MONTHLY Payroll Period (b) MARRIED person- If the amount of wages (after subtracting The amount of income tax withholding allowances) is: to withhold is: Not over $963............... $0 ess over-Over- But not over- of excess over- -$308 $963 -$2,550 ..$0.00 plus 10% -$963 -$1,102 $2,550 -$7,413 .$158.70 plus 12% -$2,550 -$3,533 $7,413 -$14,713 $742.26 plus 22% -$7,413 -$7,183 $14,713 -$27,213 ..$2,348.26 plus 24% -$14,713 -$13,433 $27,213 -$34,296 $5,345.26 plus 32% -$27,213 -$ 16,975 $34,296 -$50,963 $7,614.82 plus 35% -$34,296 -$41,975 $50,963. $13,448.27 plus 37% -$50,963 HER +++ You are the payroll manager for a resort. Your daughter (Ellen Boxwood) is the marketing director earning a salary of $38,400 per year, payable monthly. She is married and claims four withholding allowances. Her social security number is 222-22-2222. In addition to federal income tax, social security, and Medicare, Ellen pays 2.4% state income tax, % for state disability insurance (both based on gross earnings), $34.69 for term life insurance, $133.48 to the credit union, and $30 to the United Way. Fill out the following payroll voucher for Ellen for the month of December. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee: Tax Filing Status: --Select SSN: Withholding Allowances: Full-time Pay Period From --Select-- to ---Select- Primary Withholdings: Additional Withholdings: Federal income tax $ Term life Social Security $ Credit union $ Medicare $ United Way State income tax $ State disability $ Gross earnings: $ - Total withholdings: $ NET PAY $
