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Federal Income Tax Withholding 1. Bob Browning's weekly gross earnings for the present week were $2,650. Browning has three exemptions. Using the wage bracket withholding

Federal Income Tax Withholding

1. Bob Browning's weekly gross earnings for the present week were $2,650. Browning has three exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Browning's federal income tax withholding? Round your answer to two decimal places.

$

(The answer is not 532.46)

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EXHIBIT 2 Table for Percentage Method of Withholding WEEKLY Payroll Period Wage Bracket Withholding Table (a) SINGLE person (including head of household) - If the amount of wages (after subtracting withholding allowances) The amount of income tax is: to withhold is: Not over $43.. ...$0 Over But not over- of excess over- $43 - $222 .. $0.00 plus 10% $43 $222 - $767 .. $17.90 plus 15% $222 $767 -$1,796 .. $99.65 plus 25% $767 $1,796 -$3,700 .. $356.90 plus 28% $1,796 $3,700 - $7,992 .. $890.02 plus 33% $3,700 $7,992 -$8,025 .. $2,306.38 plus 35% $7,992 $8,025 ... $2,317.93 plus 39.6% $8,025 McGrath wage bracket

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