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gain some experience in recording the different kinds of information required. Company Information: Income Tax Information: The wage-bracket method is used to determine federal income
gain some experience in recording the different kinds of information required. Company Information: Income Tax Information: The wage-bracket method is used to determine federal income tax withholding. Calculate the annual federal income tax withheld by using the weekly wage-bracket table and multiply the answer by 52. The other taxes withheld are shown below. added to gross wages for state and local taxes; therefore, it is not subject to those taxes (See Figure 4.8). ** State unemployment tax withheld for Pennsylvania labeled as PA SUI on Form W-2 Box 14. Forms W-4 from 2020 or Later with Standard Withholding and 2022 FICA rates have been used. gain some experience in recording the different kinds of information required. Company Information: Income Tax Information: The wage-bracket method is used to determine federal income tax withholding. Calculate the annual federal income tax withheld by using the weekly wage-bracket table and multiply the answer by 52. The other taxes withheld are shown below. added to gross wages for state and local taxes; therefore, it is not subject to those taxes (See Figure 4.8). ** State unemployment tax withheld for Pennsylvania labeled as PA SUI on Form W-2 Box 14. Forms W-4 from 2020 or Later with Standard Withholding and 2022 FICA rates have been used
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