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Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman.
Required:
On Form W-4, complete Step 2, the Multiple Jobs Worksheet (when applicable) to obtain the amount for Step 4(c). Calculate the federal income tax withholding using the wage-bracket tables with Forms W-4 from 2020 or later in Appendix C.
Note: Round your intermediate calculations and final answers to 2 decimal places.
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: On Form W-4, complete Step 2, the Multiple Jobs Worksheet (when applicable) to obtain the amount for Step 4(c). Calculate the federal income tax withholding using the wage-bracket tables with Forms W-4 from 2020 or later in Appendix C. Note: Round your intermediate calculations and final answers to 2 decimal places. x Answer is complete but not entirely correct. Spouse Annual Employee Filing Dependents Salary and Pay Federal Status Annual Salary Frequency Income Tax per Period L. Torabi S None 49, 100 Not applicable $ 158.00 R. S $ Beninati One Other 58, 100 Not applicable 193.77 G. Fisher MJ ThreeStep by Step Solution
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