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Posted on Sep 05, 2024

Lauprechta Inc. has the following employees on payroll Assume that the employer uses the percentage method of withholding. Use withholding allowance and percentage method tables.

Lauprechta Inc. has the following employees on payroll Assume that the employer uses the percentage method of withholding. Use withholding allowance and percentage method tables. Complete the table for taxes to be withheld for each pay period. (Round your intermediate computations and final answers to 2 decimal places.) Seminonthly withholding Marital Payroll Allowances Status Nalla $5,000 2 Married Wilfred $5,600 2 Married Byron $4,000 2 Single Annie $4,600 e Single Employee Federal Withholding Tax Social Security Tax Medicare Tax Total Toxos Withheld Nalila Wilfred Byron Annia The 2018 Amount for One Withholding Allowance (Used In Step 1) Pay Period Daily Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Allowance Amount $ 16.00 79.80 159.60 172.90 345.80 1.037.50 2.07500 4.150.00 1) SINGLE percing head of honor the amount of wages racing koncom holding a Not Over $71 30 not over 5814 50.000 350 2015 318.ph S815 $1.658 $86.62 223 31.058 83.100 3271.06 plus 13.100 $3.017 381716 plus 2017 SEBZ 878 80 plus 36 30.0172 2.000 37 (For Wages Pald In 2018) TANLEME Payroll Period C) MALED person We amount Daller racing Therauto conto to NA ovo O tes ove 571 O 00 plus 10' 222 -1204 3580 81.711 3300 plus 12% BIB $1711 $8.395 81713 pus 22% 51.741 $1.668 S31395 SE.200 9541.81 pus 20% $3.395 Sa. 100 1280 $7.014 $12324224 13200 63.917 57914 $11.795 31357.12 36 7214 $9.7 SITE 13103377 1. TABLE 2-WEEKLY Payroll Period of GESSO SO SINGLE pension Thread at home (1) MARRIED Person- the amount If the amount of we The income ering The amount of 10 withold is NEO 30 Not Over so Over But not over of GROSSOV Over but not over 8500 po -314 $24 ESTIT 90.00 RON SK 5506 5,17 52121 $1.000 15 $111.322 -510 SEO 33HR. 30 31 56.00 SONS $3310 SA $12.90 31.082 76 25 200 SES $1,2342232 6.200 5:2560 -515229 3495 10.878 31.7572 31 573 SIR00 393 01 33.514 16 22375 521 TABLE SEMMONTHLY Pollo -1.796 12560 55 R20 $ 10 SINGLE personne hom The mount B) LED pero arcu Theo com hot 50 Ora Butter ENLOS O Over But not over of ODS BOSTO 30.00 336 st Sopron 15122 Stro 3561 517 55 SATI 12.13 319 1.3 11 SP 2007 ht TABLE ONTEV Pro Period LED person TE O O SC 10 S1 51 WAGE BRACKET METHOD WITHHOLDING Percentage Method Tables for Income Tax Withholding (For Wages Paid In 2018) TABLE 1-WEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person the amount of wages (after subtracting The amount of income tax If the amount of wages withholding allowances) is: to withhold: (after subtracting The amount of income tax withholding allowances) is to withholdiar Nct over $71 $0 Not Over $22 80 Over But not over of excess over-Over- -5254 But not over $71 of excess over- $0.00 plus 10% -571 $254 -588 $0.00 plus 10% $222 ---$815 $18.30 plus 12% -$254 $588 -$1.711.536.60 plus 125 -3586 5815 ---$1,650 S85 62 plus 2256 -$815 $1,711 -$3,395 5171.38 plus 22 -51,711 $1,658 -$3,100 $271.06 plus 24% -$1.058 $3,395 ---S6.280..5541.84 plus 24% -$3.95 $3,100 -$3,917 5617.16 plus 32% $3100 56,280 --7.914 $1.234.24 plus 32% -56,280 $3,917 -59.687 5878.50 plus 35% -$3.917 $7,914 -511,761 $1.757.12 plus 35% -57,914 $9,687 $2.898.10 plus 37% 59.687 $11,761 $3.103 57 plus 1795 -$11,701 TABLE 2-BIWEEKLY Payroll Porlod (a) SINGLE person (including head of household) (b) MARRIED porton- If the amount of wages of the amount of wages Cafter subtracting The amount of income tax (altor subtracting The amount of income withholding allowances) to withhold i Withholding allowance is to withhod is Not over $142 50 Not over $144 50 Over- But not over of excess over Over- But not over- of excess ovo 5509 0.00 plus 10% 5142 3444 -51.177 50.00 plus 10% 5509 -$1.631 $36.70 plus 12 -$500 51.177 -53421 578 30 plus 129 $1,177 $1,831 -$3.315 - $1,631 3171.34 plus 22 $3,421 -$3,421 $0.790 $312.50 plus 22% S8.200 $541 82 plus 249 $3,316 $6.700 53.315 $12580 $1,083.76 plus 21% $8,799 $6.200 -57835 -512A560 $1.234.22 plus 32% -56,200 $12560 52.468.56 plus 32 $15.829 -319.373 57,895 $23.521 -515.89 $1,757 42 plus 35% S7 836 $45 820 53.516.64 plus 354 $10.373 $93.521 55.795.72 plus 37 $8,205 84 plus 37% $2321 $10.373 TABLE 3-SEMIMONTHLY Payroll Period S142 (a) SINGLE person including head of household It the amount of wages (after subtracting The amount of income withholding allowances) 10 withold Neto $154 30 Over But not over S14 555 50.00 plus 10% MET Oy (b) MARFID person- i nemount of wages ar subtracting The amount of income withholding allowance is to Wild Note 8451 50 of exOS OVO Over But not over $4 5175 100 of covo $154 DLL Lauprechta Inc. has the following employees on payroll Assume that the employer uses the percentage method of withholding. Use withholding allowance and percentage method tables. Complete the table for taxes to be withheld for each pay period. (Round your intermediate computations and final answers to 2 decimal places.) Seminonthly withholding Marital Payroll Allowances Status Nalla $5,000 2 Married Wilfred $5,600 2 Married Byron $4,000 2 Single Annie $4,600 e Single Employee Federal Withholding Tax Social Security Tax Medicare Tax Total Toxos Withheld Nalila Wilfred Byron Annia The 2018 Amount for One Withholding Allowance (Used In Step 1) Pay Period Daily Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Allowance Amount $ 16.00 79.80 159.60 172.90 345.80 1.037.50 2.07500 4.150.00 1) SINGLE percing head of honor the amount of wages racing koncom holding a Not Over $71 30 not over 5814 50.000 350 2015 318.ph S815 $1.658 $86.62 223 31.058 83.100 3271.06 plus 13.100 $3.017 381716 plus 2017 SEBZ 878 80 plus 36 30.0172 2.000 37 (For Wages Pald In 2018) TANLEME Payroll Period C) MALED person We amount Daller racing Therauto conto to NA ovo O tes ove 571 O 00 plus 10' 222 -1204 3580 81.711 3300 plus 12% BIB $1711 $8.395 81713 pus 22% 51.741 $1.668 S31395 SE.200 9541.81 pus 20% $3.395 Sa. 100 1280 $7.014 $12324224 13200 63.917 57914 $11.795 31357.12 36 7214 $9.7 SITE 13103377 1. TABLE 2-WEEKLY Payroll Period of GESSO SO SINGLE pension Thread at home (1) MARRIED Person- the amount If the amount of we The income ering The amount of 10 withold is NEO 30 Not Over so Over But not over of GROSSOV Over but not over 8500 po -314 $24 ESTIT 90.00 RON SK 5506 5,17 52121 $1.000 15 $111.322 -510 SEO 33HR. 30 31 56.00 SONS $3310 SA $12.90 31.082 76 25 200 SES $1,2342232 6.200 5:2560 -515229 3495 10.878 31.7572 31 573 SIR00 393 01 33.514 16 22375 521 TABLE SEMMONTHLY Pollo -1.796 12560 55 R20 $ 10 SINGLE personne hom The mount B) LED pero arcu Theo com hot 50 Ora Butter ENLOS O Over But not over of ODS BOSTO 30.00 336 st Sopron 15122 Stro 3561 517 55 SATI 12.13 319 1.3 11 SP 2007 ht TABLE ONTEV Pro Period LED person TE O O SC 10 S1 51 WAGE BRACKET METHOD WITHHOLDING Percentage Method Tables for Income Tax Withholding (For Wages Paid In 2018) TABLE 1-WEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person the amount of wages (after subtracting The amount of income tax If the amount of wages withholding allowances) is: to withhold: (after subtracting The amount of income tax withholding allowances) is to withholdiar Nct over $71 $0 Not Over $22 80 Over But not over of excess over-Over- -5254 But not over $71 of excess over- $0.00 plus 10% -571 $254 -588 $0.00 plus 10% $222 ---$815 $18.30 plus 12% -$254 $588 -$1.711.536.60 plus 125 -3586 5815 ---$1,650 S85 62 plus 2256 -$815 $1,711 -$3,395 5171.38 plus 22 -51,711 $1,658 -$3,100 $271.06 plus 24% -$1.058 $3,395 ---S6.280..5541.84 plus 24% -$3.95 $3,100 -$3,917 5617.16 plus 32% $3100 56,280 --7.914 $1.234.24 plus 32% -56,280 $3,917 -59.687 5878.50 plus 35% -$3.917 $7,914 -511,761 $1.757.12 plus 35% -57,914 $9,687 $2.898.10 plus 37% 59.687 $11,761 $3.103 57 plus 1795 -$11,701 TABLE 2-BIWEEKLY Payroll Porlod (a) SINGLE person (including head of household) (b) MARRIED porton- If the amount of wages of the amount of wages Cafter subtracting The amount of income tax (altor subtracting The amount of income withholding allowances) to withhold i Withholding allowance is to withhod is Not over $142 50 Not over $144 50 Over- But not over of excess over Over- But not over- of excess ovo 5509 0.00 plus 10% 5142 3444 -51.177 50.00 plus 10% 5509 -$1.631 $36.70 plus 12 -$500 51.177 -53421 578 30 plus 129 $1,177 $1,831 -$3.315 - $1,631 3171.34 plus 22 $3,421 -$3,421 $0.790 $312.50 plus 22% S8.200 $541 82 plus 249 $3,316 $6.700 53.315 $12580 $1,083.76 plus 21% $8,799 $6.200 -57835 -512A560 $1.234.22 plus 32% -56,200 $12560 52.468.56 plus 32 $15.829 -319.373 57,895 $23.521 -515.89 $1,757 42 plus 35% S7 836 $45 820 53.516.64 plus 354 $10.373 $93.521 55.795.72 plus 37 $8,205 84 plus 37% $2321 $10.373 TABLE 3-SEMIMONTHLY Payroll Period S142 (a) SINGLE person including head of household It the amount of wages (after subtracting The amount of income withholding allowances) 10 withold Neto $154 30 Over But not over S14 555 50.00 plus 10% MET Oy (b) MARFID person- i nemount of wages ar subtracting The amount of income withholding allowance is to Wild Note 8451 50 of exOS OVO Over But not over $4 5175 100 of covo $154 DLL