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Making It Work Continue to assume that the STANDARD withholding rate schedule is used. Note : Enter ALL values as positive numbers and round amounts
Making It Work Continue to assume that the STANDARD withholding rate schedule is used.
Note: Enter ALL values as positive numbers and round amounts to two decimal places unless instructed otherwise.
Note: To properly compute the withholding, return to the steps provided to search for Publication 15-T (Wage Bracket Method page). Follow through step 5. Once Pub 15-T launches, scroll to the page titled 2021 Percentage Method Tables for Automated Payroll Systems.
Finley River is married filing jointly and paid $12,840.35 on a biweekly basis.
Description | |||
1. | Begin with gross wages, rounded to the nearest dollar. | $fill in the blank c18e10fde050061_1 | |
2. | Identify the correct bracket. Wages starting at $fill in the blank c18e10fde050061_2 but not over $fill in the blank c18e10fde050061_3. | (fill in the blank c18e10fde050061_4) | |
3. | Compute value over the starting wage for this bracket. | $fill in the blank c18e10fde050061_5 | |
4. | Multiply the overage by the tax rate in the table (enter as a decimal). | fill in the blank c18e10fde050061_6 | $fill in the blank c18e10fde050061_7 |
5. | Add the bracket minimum tax. | fill in the blank c18e10fde050061_8 | |
6. | Add the two amounts together = Total withholding for Naiser Tevin. | $fill in the blank c18e10fde050061_9 |
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