7. 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% $462.90