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NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. 1 Sam Coleridge

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NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. 1 Sam Coleridge (married, 4 federal withholding allowances) earned weekly gross pay of $565.00. Federal income tax withholding $ 2: Michael Kolk (single; 2 federal withholding allowances) earned biweekly gross pay of $97 spending account, to which he contributes $100 during the period He participates in a flexible Federal income tax withholding $ 3 Anita McLachlan (single, 0 federal withholding allowances) eamed monthly gross pay of $2,440. For each period, she makes a 401(k) contribution of 9 % of gross pay Federal income tax withholding $ EGG utor Good 4: rketing Developmes Stacey Williamson (married; 3 federal withholding allowances) eamed semimonthly gross pay of $1,250. She participates in a cafeteria plan, to which she contributes $150 during the period. Jations Federal income tax withholding $ Fhate Progra PSa 3-3 Calculate Federal Income Tax Withholding Using the Wage-Bracket Method For each employee listed, use the wage-bracket method to calculate federal income tax withholding. Refer to Appendix A, 2018 Federal Tax Tables in your textb0ok NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation Sam Colenidge (married, 4 federal withholding allowances) eamed weekly gross pay of $565 00 1: Federal income tax withholding $ 2 Michael Kolk (single, 2 federal withholding allowances) earned biweekly gross pay of $975. He particapates in a flexible spending account, to which he contributes $100 during the period Federal income tax withholding- $ Anita McLachlan (single, 0 federal withholding allowances) eamed monthly gross pay of $2,440. For each period, she makes a 401(k) contribution of 9 % of gross pay 3 Federal income tax withholding $ Stacey Williamson (maried, 3 federal withholding allowances) earned semimonthly gross pay of $1,250 She participates in a cafeteria plan, to which she contributes $150 during the period. 4 Federal income tax withholding-$

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