Question
Find the percentage method income on Darcie Loves weekly gross earnings of $2,985. She has no adjustments to income, is married, and claims four withholding
-
Find the percentage method income on Darcie Loves weekly gross earnings of $2,985. She has no adjustments to income, is married, and claims four withholding allowances on her W-4 form. ->
Find the percentage method income on Darcie Loves weekly gross earnings of $2,985. She has no adjustments to income, is married, and claims four withholding allowances on her W-4 form. ->
Question: Find the federal withholding tax to be deducted from Darcies income in Exercise 7.
Total wage payment $2,985.00 $77.90 Allowances claimed on Form W-4 - $311.60 Amount subject to withholding $2,673.40 Tax to be withheld on $2673.40 married $201.05 + ($2673.40 - 1626) x 25% $462.90Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started
Active Auditing A Practical Guide To Lean And Agile Auditing
Authors: Prescott Coleman, Sandy Kasahara
1st Edition
1092839305, 978-1092839303
