Please Help, I dont understand!
The amount of income tax to withholdis: $0 of excess over- $0.00 plus 10% -$356 $77.30 plus 15% -$1,129 $432.05 plus 25% -$3.494 $1229.80 plus 28% - $6,685 $2,158.00 plus 33% -$10,000 $4,659.07 plus 35% -$17.579 $5,440.97 plus 39.6% -$19,813 TABLE 3-SEMIMONTHLY Payroll Period (a) SINGLE person (including head of household) - (b) MARRIED person If the amount of wages (after If the amount of wages (after subtracting withholding The amount of income tax subtracting withholding allowances) is: to withhold is: allowances) is: Not over $94.. $0 Not over $356 Over- But not over- of excess over-Over- But not over- $94 -$480 $0.00 plus 10% -$94 $356 -$1,129 $480 - $1,663 $38.60 plus 15% -$480 $1,129 -$3,494 $1,663 -$3,892 $216.05 plus 25% - $1,663 $3,494 -$6,685 $3,892 -$8,017 $773.30 plus 28% -$3,892 $6,685 -$10.000 $8,017 -$17,317 $1,928.30 plus 33% -$8,017 $10,000 -$17,579 $17,317 -$17,388 $4.997.30 plus 35% -$17,317 $17.579 -$19,813 $17,388 $5,022.15 plus 39.6% -$17,388 $19,813 TABLE 4-MONTHLY Payroll Period (2) SINGLE person (including head of household) - (b) MARRIED person If the amount of wages (after If the amount of wages (after subtracting withholding The amount of income tax subtracting withholding allowances) is: to withhold is: allowances) is: Not over $188 $0 Not over $713 Over- But not over- of excess over-Over- But not over- $188 -$960 $0.00 plus 10% -$188 $713 -$2,258 $960 - $3,325 $77.20 plus 15% - $960 $2.258 - $6,988 $3,325 - $7,783 $431.95 plus 25% -$3,325 $6,988 -$13,371 $7,783 -$16.033 $1,546.45 plus 28% -$7,783 $13,371 -$20,000 $ 16,033 -$34,633 $3,856.45 plus 33% $16.033 $20,000 -$35,158 $34,633 -$34,775 $9,994.45 plus 35% -$34,633 $35,158 -$39,625 $34,775 $10,044.15 plus 39.6% -$34,775 $39,625 The amount of income tax to withholdis: $0 of excess over- $0.00 plus 10% -$713 .$154.50 plus 15% -$2258 $864.00 plus 25% $6,988 $2.459.75 plus 28% -$13,371 $4,315.87 plus 33% -$20,000 $9,318.01 plus 35% - $35,158 $10,881.46 plus 39.6% -$39,625 0 One Withholding Allowance using the Percentage Method . Percentage Method: Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly $77.90 Biweekly $155.80 Semimonthly $168.80 Monthly $337.50 Print Done Use the percentage method of withholding to find federal withholding tax, a 6.2% FICA rate to find FICA tax, and 1.45% to find Medicare tax for the employee Terry, whose marital status is married, whose number of withholding allowances is 2, and whose semimonthly gross earnings are $3202.04. Then find her net pay. Assume that she has not earned over $130,000 so far this year. Click here to view the weekly and biweekly tables for the percentage method of withholding. Click here to view the semimonthly and monthly tables for the percentage method of withholding. Click here to view the table for one withholding allowance. Terry's federal withholding tax is $1 (Round to the nearest cent as needed.) Terry's FICA tax is $ (Round to the nearest cent as needed.) Terry's Medicare tax is $0 (Round to the nearest cent as needed.) Terry's net pay is $ (Round to the nearest cent as needed.)
