Question
Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Assume that all wages are subject to Social Security and Medicare taxes. All
Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Assume that all wages are subject to Social Security and Medicare taxes. All 401(k) and Section 125 amounts are pre-tax deductions. You do not need to complete the number of hours.
Required:
Calculate the net pay from the information provided below for the November 15 pay date. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to compute federal income taxes.
b.
K. Ela
Married/Separate, two dependents
Annual pay: $53,400
401(k) deduction: $250 per pay period
how to get her federal tax??
I know only child is $2000 so 2 is $4000/24=166.67!
2021 Wade Bracket Method Tables for Manual Pavroll Svstems with Forms W-4 From 2020 or Later 2021 Percentage Method Tables for Manual Payroll Systems With Forms W-4 from 2020 or LaterStep by Step Solution
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