how do i calculate the percentage method on the following problems.

appropriate taxes IUI Calculate his net take-home pay assuming the employer withheld jlowances), social security taxes, and state income tax (2%).. 4.2B. LO 3 See Example 4-2 on page 4-16 of the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. Marital Employee Employee Gross Wage or Amount to Be No. of Withholding Withheld Name No. Salary Allowances Status Skymer, A. M $ 1,575 weekly 1,200 biweekly Wolfe, T. 2 Klein, G. 12,600 quarterly Carey, P. M 1,090 semimonthly 8,120 monthly 5 Wu, M. M 4-3BLO 3 See Example 4-2 on page 4-16, Example 4-3 on page 4-17 Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Amount to Be Withheld Marital No. of Withholding Percentage Wage-Bracket Status Allowances Employee Method Gross Wage or Salary Method 91 $1,040 weekly Ruiz, S. Flume, X. 2,190 weekly Farley, H. 1,890 biweekly Comey, P. 2,315 semimonthly Hanks, R. M 3,200 monthly M 4-4BLO 3 See Example 4-3 on page 4-17 Emesto Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. F the amount to withhold from the wages paid each employee. Payroll Period W = Weekly No. of S = Semimonthly Amount to Withholding M = Monthly Allowances D = Daily Wage Withheld Catue 1 (a) SINGLE perse 019) TABLE 1-WEEKLY Payroll Period INGLE person (including head of household) (b) MARRIED person The amount of income tax W the amount of wages (after subtracting withholding allowances) is: to withheld come tax Not over $227 ........SO of excess over-Over- But not over- -$800 $0.00 plus 10% of ees $600 - $1,745 .. $37 30 plus 12% -$832) $1,745 $3.465 . . $174.70 plus 22 -9600 -$1,692 $3,465 -56.409. 5553.10 plus 21% -$1,745 -$3,164 $6,409 $8,077 $1.259.66 plus 32% -$3.466 96.40 -$3,998 $8,077 $12,003 . . $1,799.42 plus 35% - 0,077 $2.957.85 plus 37% -$9,887 $12,003 .. . $3,167 52 plus 37% -$12.003 TABLE 2-BIWEEKLY Payroll Period The amount of income tax if the amount of wages after subtracting Withholding allowances) is: to withhold of income tax Not over $73.......... $0 Over- But not over- $73 - $260.. $0.00 plus 10% $260 $832 .. $18.70 plus 12% $832 -$1,692 .. $87.34 plus 22% $1,692 -$3,164 . . $276.54 plus 24% $3,164 -$3,998 .. $629.82 plus 32% $3,998 -$9,887 .. $896.70 plus 35% $9.887 $73 -$260 $227 The amount of income tax (a) SINGLE person (including head of household) If the amount of wages (b) MARRIED person- (after subtracting The amount of income tax If the amount of wages withholding allowances) is: to withhold is: (after subtracting withholding allowances) is: to withhold is: Not over $146 ... ... ... $0 Not over $454 ......... $0 Over- But not over- of excess over- Over- But not over- $146 -$519 .. $0.00 plus 10% -$146 $454 $1,200.. $0.00 plus 10% $519 - $1,664. . $37.30 plus 12% - $519 $1,200 $3,490 .. $74.60 plus 12% $1,664 $3,385 . . $174.70 plus 22% - $1,664 $3,490 -$6,931 .. $349.40 plus 22% $3,385 - $6,328 .. $553.32 plus 24% -$3,385 $6,931 -$12,817 .. $1,106.42 plus 24% -$7,996 .. $1,259.64 plus 32% - $6,328 $12,817 -$16,154 .. $2,519.06 plus 32% $7.996 - $19,773 $1,793.40 plus 35% -$7.996 $16,154 - $24,006 .. $3,586.90 plus 35% -$19,773 $5,915.35 plus 37% $24,006 ... ... $6.335.10 plus 37% $19,773............ TABLE 3-SEMIMONTHLY Payroll Period amo of excess over- -$454 -$1,200 -$3.490 -$6,931 -$12.817 --$16,154 -$24,006 -$1,300 Not over $158 (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages (after subtracting of the amount of wages (after subtracting The amount of income tax The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: $0 Not over $492 ........ $0 Over- But not over- of excess over- But not over- of excess over-Over -$492 $158 -$563 .. $0.00 plus 10% -$158 $492 -$1,300.. $0.00 plus 10% $563 - $1,803 .. $40.50 plus 12% -$563 $1,300 $3,781 .. $80.80 plus 12% -$3,781 93 667 $3,781 -$1,803 -$7.508.. $378.52 plus 22% $7500 $189.30 plus 22% -$3,667 $7,508 -$13,885 .. $1,198.46 plus 24% $13,88 G $13.885 -$17,500.. $2,728.94 plus 32% ons $3.885.74 plus 35% -$17,50 3 ug) 80.80 TABLE OF ALLOWANCE VALUES Payroll Period Weekly. Biweekly Semimonthly.... Monthly... One Withholding Allowan $ 80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 16.20 Quarterly. Semiannually. Annually... Daily or miscellaneous (each day of the payroll period)..... appropriate taxes IUI Calculate his net take-home pay assuming the employer withheld jlowances), social security taxes, and state income tax (2%).. 4.2B. LO 3 See Example 4-2 on page 4-16 of the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. Marital Employee Employee Gross Wage or Amount to Be No. of Withholding Withheld Name No. Salary Allowances Status Skymer, A. M $ 1,575 weekly 1,200 biweekly Wolfe, T. 2 Klein, G. 12,600 quarterly Carey, P. M 1,090 semimonthly 8,120 monthly 5 Wu, M. M 4-3BLO 3 See Example 4-2 on page 4-16, Example 4-3 on page 4-17 Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Amount to Be Withheld Marital No. of Withholding Percentage Wage-Bracket Status Allowances Employee Method Gross Wage or Salary Method 91 $1,040 weekly Ruiz, S. Flume, X. 2,190 weekly Farley, H. 1,890 biweekly Comey, P. 2,315 semimonthly Hanks, R. M 3,200 monthly M 4-4BLO 3 See Example 4-3 on page 4-17 Emesto Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. F the amount to withhold from the wages paid each employee. Payroll Period W = Weekly No. of S = Semimonthly Amount to Withholding M = Monthly Allowances D = Daily Wage Withheld Catue 1 (a) SINGLE perse 019) TABLE 1-WEEKLY Payroll Period INGLE person (including head of household) (b) MARRIED person The amount of income tax W the amount of wages (after subtracting withholding allowances) is: to withheld come tax Not over $227 ........SO of excess over-Over- But not over- -$800 $0.00 plus 10% of ees $600 - $1,745 .. $37 30 plus 12% -$832) $1,745 $3.465 . . $174.70 plus 22 -9600 -$1,692 $3,465 -56.409. 5553.10 plus 21% -$1,745 -$3,164 $6,409 $8,077 $1.259.66 plus 32% -$3.466 96.40 -$3,998 $8,077 $12,003 . . $1,799.42 plus 35% - 0,077 $2.957.85 plus 37% -$9,887 $12,003 .. . $3,167 52 plus 37% -$12.003 TABLE 2-BIWEEKLY Payroll Period The amount of income tax if the amount of wages after subtracting Withholding allowances) is: to withhold of income tax Not over $73.......... $0 Over- But not over- $73 - $260.. $0.00 plus 10% $260 $832 .. $18.70 plus 12% $832 -$1,692 .. $87.34 plus 22% $1,692 -$3,164 . . $276.54 plus 24% $3,164 -$3,998 .. $629.82 plus 32% $3,998 -$9,887 .. $896.70 plus 35% $9.887 $73 -$260 $227 The amount of income tax (a) SINGLE person (including head of household) If the amount of wages (b) MARRIED person- (after subtracting The amount of income tax If the amount of wages withholding allowances) is: to withhold is: (after subtracting withholding allowances) is: to withhold is: Not over $146 ... ... ... $0 Not over $454 ......... $0 Over- But not over- of excess over- Over- But not over- $146 -$519 .. $0.00 plus 10% -$146 $454 $1,200.. $0.00 plus 10% $519 - $1,664. . $37.30 plus 12% - $519 $1,200 $3,490 .. $74.60 plus 12% $1,664 $3,385 . . $174.70 plus 22% - $1,664 $3,490 -$6,931 .. $349.40 plus 22% $3,385 - $6,328 .. $553.32 plus 24% -$3,385 $6,931 -$12,817 .. $1,106.42 plus 24% -$7,996 .. $1,259.64 plus 32% - $6,328 $12,817 -$16,154 .. $2,519.06 plus 32% $7.996 - $19,773 $1,793.40 plus 35% -$7.996 $16,154 - $24,006 .. $3,586.90 plus 35% -$19,773 $5,915.35 plus 37% $24,006 ... ... $6.335.10 plus 37% $19,773............ TABLE 3-SEMIMONTHLY Payroll Period amo of excess over- -$454 -$1,200 -$3.490 -$6,931 -$12.817 --$16,154 -$24,006 -$1,300 Not over $158 (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages (after subtracting of the amount of wages (after subtracting The amount of income tax The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: $0 Not over $492 ........ $0 Over- But not over- of excess over- But not over- of excess over-Over -$492 $158 -$563 .. $0.00 plus 10% -$158 $492 -$1,300.. $0.00 plus 10% $563 - $1,803 .. $40.50 plus 12% -$563 $1,300 $3,781 .. $80.80 plus 12% -$3,781 93 667 $3,781 -$1,803 -$7.508.. $378.52 plus 22% $7500 $189.30 plus 22% -$3,667 $7,508 -$13,885 .. $1,198.46 plus 24% $13,88 G $13.885 -$17,500.. $2,728.94 plus 32% ons $3.885.74 plus 35% -$17,50 3 ug) 80.80 TABLE OF ALLOWANCE VALUES Payroll Period Weekly. Biweekly Semimonthly.... Monthly... One Withholding Allowan $ 80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 16.20 Quarterly. Semiannually. Annually... Daily or miscellaneous (each day of the payroll period)