I need Help understanding the formula for each of the employees listed Below along with the proper Earnings for each employee. Specifically, the Federal income tax formula, State income tax limitation, and social security limitation. I need an overall Breakdown for each employee.

1 All Employees are Paid Biweekly. 2 Overtime is paid for all hours over 40 in a work week. 3 Salaried employees are considered Exempt from overtime. 4 Use the percentage method to compute Federal Income Tax Withholding. Assume that box 2 is not checked for all employees. 5 All dependents claimed on W4 are under 17 for all employees. 2020 dependent value =$2,000 6 Compute the Federal and State Income Tax withholding based upon the withholding elections provided for each employee. 7 Compute the Social Security and Medicare taxes using the percentages and wage base limits as noted on the table located on the payroll register page. 8 Compute the Net Pay for each employee. 2n Percentare Methnd Tahlee for Manal Pavrnll Sueteme With Forme W-d Frnm 2020 orl ater