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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.
Spouse Annual Salary and Federal Income Employee Filing Status Dependents Annual Salary Pay Frequency Tax per period L. Torabi S None 39,500 Not applicable R. Beninati S One Other 48,500 Not applicable G. Fisher MJ ThreeStep by Step Solution
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