Question
Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is
Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is not checked and all dependents are under the age of 17. Also, the employer uses the percentage method table for a manual payroll system. Use percentage method tables for a manual payroll systems.
| Semimonthly Payroll | Number of Dependents from Form W-4 | Marital Status | |
|---|---|---|---|
| Naila | $ 5,800 | 3 | Married |
| Wilfred | $ 5,000 | 2 | Married |
| Byron | $ 3,600 | 0 | Single |
| Annie | $ 4,200 | 1 | Single |
Required:
Complete the table for taxes to be withheld for each pay period. (Round your intermediate computations and final answers to 2 decimal places.)
Employee. Federal Withholding Tax. Social Security Tax. Medicare Tax. Total Taxes Withheld
| Naila | ||||
| Wilfred | ||||
| Byron | ||||
| Annie |
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Analysis for Financial Management
Authors: Robert C. Higgins
10th edition
007803468X, 978-0078034688
