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Fred's gross annual salary is $127,701 with biweekly paychecks. If he is single with one dependent child, compute the biweekly withholding his employer will send
Fred's gross annual salary is $127,701 with biweekly paychecks. If he is single with one dependent child, compute the biweekly withholding his employer will send to the IRS. Use the following information: 2021 Head of Household Person Biweekly Withholding Table Taxable Wages $0-$362 $362-$635 $635-$1,404 $1,404-$2,022 $2,022-$3,533 $3,533-$4,388 $4,388-$10,431 $0.00 Wages Withholding $0.00 plus 10% of amount exceeding $362 $27.30 plus 12% of amount exceeding $635 $119.58 plus 22% of amount exceeding $1,404 $255.54 plus 24% of amount exceeding $2,022 $618.18 plus 32% of amount exceeding $3,533 $891.78 plus 35% of amount exceeding $4,388 $3,006.83 plus 37% of amount exceeding $10,431 $10,431 or more Biweekly allowance: $165.38 per person
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