please help
CPP 3-1 (#1) Calculate and Document Federal & State Income Tax Withholding Calculato federal and Mate income tax withholding for a number of employees of TCH Industries, a manufacturer of cleaning products. Use the wage bracket method when it is possible to do so, and use the percentage method in all other instances. Assume the state income tax with holding rate to be 5% of taxable pay (which is the same for local and state income tax withholding) 1. Zachary Fox does not make any voluntary deduction that impact earnings subject to federal income tax withholding. He is married, came tour withholding allowances for both federal and state, and his weekly gross pay was $1,162 2. Calvin Bollmakes a 401(k) retirement plan contribution of 6% of gross pay. He in ingle, claims two federal withholding allowances and one state withholding allowwn, and weekly gross pay was $417.93 3. David Alexander makes a 401(K) retirement plan contribution of 12% of gross pay. He is single, claims one withholding allowance for both foderal and state taxes, and his work gross pay was $4.050 4. Michael Serra contributes $50 to a flexible spending account each period. He is married claims four federal withholding allowances and three stato withholding akowicions, and his weekly gross pay was $2.450 NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each caloulation Table 5. Percentage Method2019 Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually ... Daily or miscellaneous (each day of the payroll period). $ 80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 16.20 Percentage Method Tables for Income Tax Withholding (For Wages Pald 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 -$260 $0.00 plus 10% $227 -S600 $0.00 plus 10% -$227 $260 -$832 $260 $600 -$1.745 $18.70 plus 12% $37.30 plus 12% - 5800 $832 - $1,692 $87.34 plus 22% -$832 $1,745 -$3,465 $174.70 plus 22 --$1,745 $1,692 -$3,164 $1,692 $6.409 $3,465 $276.54 plus 24% $3,465 $553.10 plus 24% $1,259.66 plus 32% $6,409 $3,164 -$3,998 -$5.409 --$8,077 $629.82 plus 32% $3,164 $8,077 $3,998 $9,887 -$12.003 -$8,077 $1,793.42 plus 35% $3,998 $896.70 plus 35% -$9,887 $12,003 $3,167.52 plus 37% -$12.003 $2.957.85 plus 37% $9,887 TABLE 2-BIWEEKLY Payroll Period -$73 Publication 15 (2019) Top poseo pare to up ove uses a closis go out on ses on DDDDDDDDDDDDDDDDDDDDDDDDD COSSO GOOOO oppo pas usages appy as a guan ooooo app 8-OOOOOOOOOOOOOOOOOOOOOOO ----- aapse on pages ooper are core papes esp sssssssssociao appone googs angue eso99 99999999up scons nm929 3922 - opose passessage poooooooop sease googo gen a hop - os -- aspee occee poede ooooooooop soaps sos Prest ========= 32 ASA Wage Bracket Method Tables for Income Tax Withholding 895 82822222 Elize: setdempt-gobaco gooooooooooooop coope eness SINGLE Persons-WEEKLY Payroll Period for Wiges Pad the December 2013 Android and The rest of income soope eeeee oooooooooooop-p progr ggggg== =35 3999-553:33 2009 00cco peopo on my himg age_2 08,8888 89-95999 85 38=22&SE Z seco des or shop_2 =2 PARRA8.88hy5955888558353525828 ? Suda H-3-8252 SSB28F98 99 6 symap P22ge E25 5-3-n Th= e ] MS % ! %H__ = mm % *8 ms 8MT &m 3mm TSH 8 % s n ww m AM3wmsR=R mmmm SINGLE Persons -WEEKLY Payroll Period Wash December 2010 And the number of wholding lowo.com The income to be withhold 34 Wage Bracket Method Tables for Income Tax Withholding , Une Table 1) for a SINGLE person on page 48. Also see the instructions on page 44 da, ES98 Xands S&Pa SmM 8 55838 33 25 151 IN 101 | 361 1979 | | Andrews | 15 TE -- 10 1 1,038 112 12170 . | 1.162 114 11 ablenton 5 73019) 1.4TM Page 51 ,au="h +3 % wmAMS m H %%RS && w %m% |* UB %5 SWINE ? WWW ST SS www T Wage Bracket Method Tables for Income Tax Withholding MARRIED Persons -WEEKLY Payroll Period For Wages Pad though December 2016 And the number of holding allowance claimed 25m Sm H S% m Une Table 101 for MARRIED person on page 45. Also see the instructions on page 44 3 92 Un'sn wa , whaw 151 PPS g m U GUUU 160 3333 - 115 116 TT. 119 121 123 = 120 T O | | % J 170 397 Het 11 102 199 -- ||||| 1.151 1.16 1.173 1,184 1 382 -- 1. 1,437 L1 Ang tawag 1.030 -- 1 - 1 - - 1,005 1.000 120 1.140 1.151 LEE T- 1.184 1,195 1,200 1350 1941 1. Publication 15 (2019) 1. 1.37 125 1.41 128 1. 47 1.558 1,569 15 1,602 1.513 1.824 1946 1.857 1,660 1,690 1.701 1 11 Areal uV Publication 15 (2019) oooooooop agogo oppoo ooooop on Hote eggy seemopoo #pgon oppaypass 1. GuTube to se) Ep 10 11 a1 resses app = awas arepapab E 99 pp 99 49 19 Day 19 19 29 10 19 15 10 19 pape o earse pres togration open poppo ooope ------ 1999 powo pools on ago ol.00 popping, 9:39 pps peppy opping over 15 how010 0 Hot in my p132 EPR - -- == b) prothe poppe prope opppp v10 0 0 0 0 pm my be pro mg=1:32p BEBERRA5 coppo opporesoup toooooop so oo0090mino wheng :: SEBSARD BOARR HAA99 Wage Bracket Method Tables for Income Tax Withholding MARRIED Persons-WEEKLY Payroll Period THE pop Cop60 6606th oo0o0 oporMnTour mage:==%AE%BK 88888-99595 833 And gooooooop postop or " 9922gBs Bs goober poor + Dec 25R 8688A 8889 95 8585B3%E6%R $844 234 3982 &,ds es +4 85 85 , CPP 3-1 (#1) Calculate and Document Federal & State Income Tax Withholding Calculato federal and Mate income tax withholding for a number of employees of TCH Industries, a manufacturer of cleaning products. Use the wage bracket method when it is possible to do so, and use the percentage method in all other instances. Assume the state income tax with holding rate to be 5% of taxable pay (which is the same for local and state income tax withholding) 1. Zachary Fox does not make any voluntary deduction that impact earnings subject to federal income tax withholding. He is married, came tour withholding allowances for both federal and state, and his weekly gross pay was $1,162 2. Calvin Bollmakes a 401(k) retirement plan contribution of 6% of gross pay. He in ingle, claims two federal withholding allowances and one state withholding allowwn, and weekly gross pay was $417.93 3. David Alexander makes a 401(K) retirement plan contribution of 12% of gross pay. He is single, claims one withholding allowance for both foderal and state taxes, and his work gross pay was $4.050 4. Michael Serra contributes $50 to a flexible spending account each period. He is married claims four federal withholding allowances and three stato withholding akowicions, and his weekly gross pay was $2.450 NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each caloulation Table 5. Percentage Method2019 Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually ... Daily or miscellaneous (each day of the payroll period). $ 80.80 161.50 175.00 350.00 1,050.00 2,100.00 4,200.00 16.20 Percentage Method Tables for Income Tax Withholding (For Wages Pald 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 -$260 $0.00 plus 10% $227 -S600 $0.00 plus 10% -$227 $260 -$832 $260 $600 -$1.745 $18.70 plus 12% $37.30 plus 12% - 5800 $832 - $1,692 $87.34 plus 22% -$832 $1,745 -$3,465 $174.70 plus 22 --$1,745 $1,692 -$3,164 $1,692 $6.409 $3,465 $276.54 plus 24% $3,465 $553.10 plus 24% $1,259.66 plus 32% $6,409 $3,164 -$3,998 -$5.409 --$8,077 $629.82 plus 32% $3,164 $8,077 $3,998 $9,887 -$12.003 -$8,077 $1,793.42 plus 35% $3,998 $896.70 plus 35% -$9,887 $12,003 $3,167.52 plus 37% -$12.003 $2.957.85 plus 37% $9,887 TABLE 2-BIWEEKLY Payroll Period -$73 Publication 15 (2019) Top poseo pare to up ove uses a closis go out on ses on DDDDDDDDDDDDDDDDDDDDDDDDD COSSO GOOOO oppo pas usages appy as a guan ooooo app 8-OOOOOOOOOOOOOOOOOOOOOOO ----- aapse on pages ooper are core papes esp sssssssssociao appone googs angue eso99 99999999up scons nm929 3922 - opose passessage poooooooop sease googo gen a hop - os -- aspee occee poede ooooooooop soaps sos Prest ========= 32 ASA Wage Bracket Method Tables for Income Tax Withholding 895 82822222 Elize: setdempt-gobaco gooooooooooooop coope eness SINGLE Persons-WEEKLY Payroll Period for Wiges Pad the December 2013 Android and The rest of income soope eeeee oooooooooooop-p progr ggggg== =35 3999-553:33 2009 00cco peopo on my himg age_2 08,8888 89-95999 85 38=22&SE Z seco des or shop_2 =2 PARRA8.88hy5955888558353525828 ? Suda H-3-8252 SSB28F98 99 6 symap P22ge E25 5-3-n Th= e ] MS % ! %H__ = mm % *8 ms 8MT &m 3mm TSH 8 % s n ww m AM3wmsR=R mmmm SINGLE Persons -WEEKLY Payroll Period Wash December 2010 And the number of wholding lowo.com The income to be withhold 34 Wage Bracket Method Tables for Income Tax Withholding , Une Table 1) for a SINGLE person on page 48. Also see the instructions on page 44 da, ES98 Xands S&Pa SmM 8 55838 33 25 151 IN 101 | 361 1979 | | Andrews | 15 TE -- 10 1 1,038 112 12170 . | 1.162 114 11 ablenton 5 73019) 1.4TM Page 51 ,au="h +3 % wmAMS m H %%RS && w %m% |* UB %5 SWINE ? WWW ST SS www T Wage Bracket Method Tables for Income Tax Withholding MARRIED Persons -WEEKLY Payroll Period For Wages Pad though December 2016 And the number of holding allowance claimed 25m Sm H S% m Une Table 101 for MARRIED person on page 45. Also see the instructions on page 44 3 92 Un'sn wa , whaw 151 PPS g m U GUUU 160 3333 - 115 116 TT. 119 121 123 = 120 T O | | % J 170 397 Het 11 102 199 -- ||||| 1.151 1.16 1.173 1,184 1 382 -- 1. 1,437 L1 Ang tawag 1.030 -- 1 - 1 - - 1,005 1.000 120 1.140 1.151 LEE T- 1.184 1,195 1,200 1350 1941 1. Publication 15 (2019) 1. 1.37 125 1.41 128 1. 47 1.558 1,569 15 1,602 1.513 1.824 1946 1.857 1,660 1,690 1.701 1 11 Areal uV Publication 15 (2019) oooooooop agogo oppoo ooooop on Hote eggy seemopoo #pgon oppaypass 1. GuTube to se) Ep 10 11 a1 resses app = awas arepapab E 99 pp 99 49 19 Day 19 19 29 10 19 15 10 19 pape o earse pres togration open poppo ooope ------ 1999 powo pools on ago ol.00 popping, 9:39 pps peppy opping over 15 how010 0 Hot in my p132 EPR - -- == b) prothe poppe prope opppp v10 0 0 0 0 pm my be pro mg=1:32p BEBERRA5 coppo opporesoup toooooop so oo0090mino wheng :: SEBSARD BOARR HAA99 Wage Bracket Method Tables for Income Tax Withholding MARRIED Persons-WEEKLY Payroll Period THE pop Cop60 6606th oo0o0 oporMnTour mage:==%AE%BK 88888-99595 833 And gooooooop postop or " 9922gBs Bs goober poor + Dec 25R 8688A 8889 95 8585B3%E6%R $844 234 3982 &,ds es +4 85 85
