Hello, is this correct? Thank you.

a. Federal Income Tax Withholding Calculation: Use Percentage Method (tables are on the last page) b. State Income Tax Withholding Rate: 5% c. Social Security Taxable Wage Base: $132,900 d. Social Security Tax Rate: 6.2% e. Medicare Tax Rate: 1.45% f. Additional Medicare Tax Rate: 0.9% g. FUTA Tax Rate: 0.6% h. FUTA Taxable Wage Base: $7,000 21. William Parker (single; 2 federal withholding allowances) earned biweekly gross pay of $2350. For each period, he makes a 401(k) contribution of 11% of gross pay. Calculate his federal income tax withholding. (7 points) Taxable pay = $2350 - $258.50 = $2091.50 2 x $161.50 = $323 $2091.50 - $323 = $1768.50 $174.70 + (22% x ($1768.50 - $1664]) = $197.69 22. Phyllis Mitchell (married; O federal withholding allowances) earned semi-monthly gross pay of $3,725. She makes a 401(k) contribution of 9% of gross pay and she participates in a flexible spending account, to which she contributes $150 during the period. Calculate her federal income tax withholding. (7 points) Taxable pay = $3725 - $335.25 - $150 = $3239.75 o federal withholding allowances x $175 = 0 $80.80 + (12% x [$3239.75 1300]) = $313.57 a. Federal Income Tax Withholding Calculation: Use Percentage Method (tables are on the last page) b. State Income Tax Withholding Rate: 5% c. Social Security Taxable Wage Base: $132,900 d. Social Security Tax Rate: 6.2% e. Medicare Tax Rate: 1.45% f. Additional Medicare Tax Rate: 0.9% g. FUTA Tax Rate: 0.6% h. FUTA Taxable Wage Base: $7,000 21. William Parker (single; 2 federal withholding allowances) earned biweekly gross pay of $2350. For each period, he makes a 401(k) contribution of 11% of gross pay. Calculate his federal income tax withholding. (7 points) Taxable pay = $2350 - $258.50 = $2091.50 2 x $161.50 = $323 $2091.50 - $323 = $1768.50 $174.70 + (22% x ($1768.50 - $1664]) = $197.69 22. Phyllis Mitchell (married; O federal withholding allowances) earned semi-monthly gross pay of $3,725. She makes a 401(k) contribution of 9% of gross pay and she participates in a flexible spending account, to which she contributes $150 during the period. Calculate her federal income tax withholding. (7 points) Taxable pay = $3725 - $335.25 - $150 = $3239.75 o federal withholding allowances x $175 = 0 $80.80 + (12% x [$3239.75 1300]) = $313.57