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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 "O". 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. No. of Filing Withholding Status Allowances Payroll Period W = Weekly S = Semimonthly M = Monthly D = Daily Amount to Be Withheld Employee Wage Tarra James MFJ N/A W $1,350 Mike Cramden S N/A w 590 Jim Jones S N/A w 675 Joan Kern MF) N/A M 3,100 Mary Long MF) N/A M 2,730 Cathy Luis MF) N/A S 955 Josie Martin S N/A D 108 Terri Singer S N/A S 2,500 Shelby Torres MF) N/A M 3,215 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 "O". 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. No. of Filing Withholding Status Allowances Payroll Period W = Weekly S = Semimonthly M = Monthly D = Daily Amount to Be Withheld Employee Wage Tarra James MFJ N/A W $1,350 Mike Cramden S N/A w 590 Jim Jones S N/A w 675 Joan Kern MF) N/A M 3,100 Mary Long MF) N/A M 2,730 Cathy Luis MF) N/A S 955 Josie Martin S N/A D 108 Terri Singer S N/A S 2,500 Shelby Torres MF) N/A M 3,215
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