Question
Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each
Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each employee. Enter all amounts as positive numbers. If an amount is zero, enter "0". Round interim and final answers to two decimal places.
As we go to press, the federal income tax rates for 2021 are being determined by budget talks in Washington and not available for publication. For this edition, the 2020 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2020 FICA rates have been used.
Click here to access the Wage-Bracket Method Tables.
Employee | Filing Status | No. of Withholding Allowances | Payroll Period W = Weekly S = Semimonthly M = Monthly D = Daily | Wage | Amount to Be Withheld |
Tarra James | MFJ | N/A | W | $1,350 | $fill in the blank 1 |
Mike Cramden | S | N/A | W | 590 | fill in the blank 2 |
Jim Jones | S | N/A | W | 675 | fill in the blank 3 |
Joan Kern | MFJ | N/A | M | 3,100 | fill in the blank 4 |
Mary Long | MFJ | N/A | M | 2,730 | fill in the blank 5 |
Cathy Luis | MFJ | N/A | S | 955 | fill in the blank 6 |
Josie Martin | S | N/A | D | 108 | fill in the blank 7 |
Terri Singer | S | N/A | S | 2,500 | fill in the blank 8 |
Shelby Torres | MFJ | N/A | M | 3,215 | fill in the blank 9 |
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