Percentage method tables:

Just need help with the percentage method. Show calculations.

Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. Click here to access the Table of Allowance Values. Click here to access the Percentage Method Tables. Click here to access the Wage-Bracket Method Tables. Amount to Be Withheld No. of Marital Withholding Employee Status Allowances Percentage Method Wage-Bracket Method Corn, A. s 1 59 Gross Wage or Salary $675 weekly 1,960 weekly 1,775 biweekly Fogge, S 3 Must use percentage method 35 Felps, S. M 6 35.2 Carson, W. M 5 128 2,580 semimonthly 5.380 monthly Helm, M. M 4 Must use percentage method Feedback Check My Work a. Use Percentage Method Tables to calculate federal income taxes withheld using marital status and number of withholding allowances. Note: Multiply No. of withholding allowances by the appropriate allowance amount using Table of Allowance Values. b. Use Wage-Bracket Tables. At this point check your work by comparing parts a & b; these amounts should be very similar. Table of Allowance Values Payroll Period One Withholding Allowance $ 80.80 Weekly Biweekly 161.50 Semimonthly 175.00 Monthly 350.00 1,050.00 Quarterly Semiannually 2,100.00 Annually 4,200.00 16.20 Daily or miscellaneous (each day of the payroll period) - $260 Percentage Method Tables for Income Tax Withholding (For Wages Paid in 2019) TABLE 1-WEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages of the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: Not over $73 $0 Not over $227 $0 Over- But not over- of excess over-Over- But not over- of excess over- $73 $0.00 plus 10% -$73 $227 -$600 $0.00 plis 10% -$227 $260 -$832. . $18.70 plus 12% -$260 $600 -$1,745 $37.30 plus 12% - $600 $832 -$1,692 $87.34 plus 22% -$832 $1,745 -$3,465 $174.70 plus 22% -$1,745 $1,692 --$3,164 .. $276.54 plus 24% -$1.692 $3,465 -$6,409.. $553.10 plus 24% -$3,465 $3,164 -$3,998 $629.82 plus 32% -$3,164 $6,409 -$8,077 .. $1,259.66 plus 32% -$6,409 $3.998 -$9.887 $896.70 plus 35% -$3.998 $8,077 - $12.003. $1.793.42 plus 35% -$8,077 $9.887 $2.957.85 plus 37% ---$9.887 $12,003 $3.167.52 plus 37% -$12,003 TABLE 2-BIWEEKLY Payroll Period (a) SINGLE person (including head of household (b) MARRIED person- If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: Not over $146. $0 Not over $454 SO Over- But not over of excess over-Over- But not over- of excess over- $146 - $519.. $0.00 plus 10% --$146 $454 -$1,200 $0.00 plus 10% -$454 $519 -- $1,664 $37.30 plus 12% -$519 $1200 - $3,490 .. $74.60 plus 12% -$1,200 $1,664 -$3,385 $174.70 plus 22% -$1.664 $3,490 -$6,931 $349.40 plus 22% -$3,490 $3,385 -$6,328 $553.32 plus 24% -$3,385 $6,931 -$12,817 .. $1,106.42 plus 24% -$6,931 $6.328 - $7,996 $1.259.64 plus 32% $6.328 $12,817 -$16,154 $2,519.06 plus 32% -$12,817 $7.996 -$19,773 $1,793.40 plus 35% -$7.996 $16,154 - $24.006.. $3,586.90 plus 35% -$16,154 $19.773 $5,915.35 plus 37% -$19,773 $24,006 $6,335.10 plus 37% -$24,006 TABLE 3-SEMIMONTHLY Payroll Period -$150 (a) SINGLE person (including head of household (b) MARRIED person- If the amount of wages If the amount of wages (alter Subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: Withholding allowances) is: to withhold is: Not over $158. $0 Not over $492. $0 Over- But not over- of excess over-Over- But not over- of excess over $158 -$563.. $0.00 plus 10% $492 -$1,300 $0.00 plus 10% -$492 $563 -$1,803 $40.50 plus 12% -$563 $1,300 -$3,781 $80.80 plus 12% -$1,300 $1,803 -$3,667.. $189.30 plus 22% -$1,803 $3,781 -$7.508.. $378.52 plus 22% --$3,781 $3.667 -$6.855 $599.38 plus 24% -$3,667 $7,508 -$13.885 $1,198,46 plus 24% -$7,500 $6.855 -$8,663 $1,364.50 plus 32% - $6,855 $13,885 -$17.500 $2,728.94 plus 32% -$13,885 $8.663 - $21,421 .. $1,943.06 plus 35% -$8.663 $17,500 - $26,006 .. $3,885.74 plus 35% -$17,500 $21.421 $6,408.36 plus 37% - $21.421 $26.006 $6.862.84 plus 37% -$26,006 TABLE 4MONTHLY Payroll Period (a) SINGLE person (including head of household (b) MARRIED person- If the amount of wages if the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: Not over $317...... $0 Not over $983 SO Over- But not over- of excess over-Over- But not over- of excess over- $317 -$1,125 .. $0.00 plus 10% - $317 $983 -$2,600 $0.00 plus 10% - $983 $1,125 -$3,606 $80.80 plus 12% -$1.125 $2,600 --$7,563 .. $161.70 plus 12% -$2,600 $3.606 -$7.333 $378.52 plus 22% -$3,606 $7,563 --$15,017 $757 26 plus 22% -$7,563 $7.333 --$13,710. $1.198.46 plus 24% -$7,333 $15,017 -$27.771 .. $2,397. 14 plus 24% --$15,017 $13.710 $17,325 $2,728.94 plus 32% -$13,710 $27.771 $35,000 $5,458.10 plus 32% -$27.771 $17,325 $42.842 $3,885.74 plus 35% -$17,325 $35,000 -$52.013 $7.771.38 plus 35% -$35,000 $42.842 $12,816.69 plus 37% -$42.842 $52,013 $13.725.93 plus 37% -$52,013