Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please please answer all the questions incomplete answers will receive thumb down 1. For an employee who is paid monthly, completed the pre-2020 Form W-4,

please please answer all the questions incomplete answers will receive thumb down

1. For an employee who is paid monthly, completed the pre-2020 Form W-4, and claims 2 federal withholding allowances, $_______ would be subtracted from gross pay for withholding allowances prior to calculating the federal income tax withholding under the percentage method.

2.

A local income tax that must be withheld in certain municipalities is a _____ deduction.

A.

gross

B.

taxable

C.

mandatory

D.

voluntary

3.

Which state does NOT collect state income tax on employee taxable income?

.

Virginia

B.

Tennessee

C.

California

D.

Georgia

E.

None of these options

4.

The wage-bracket method tax tables associated with the current Form W-4 show column headers for what?

A.

Applicable wage amount

B.

Number of withholding allowances

C.

Number of dependents

D.

Marital status

5.

Employees who work a second job and use the current Form W-4 often have _____.

A.

the same withholding as if they used the earlier version of the form

B.

less withholding than if they used the earlier version of the form

C.

more withholding than if they used the earlier version of the form

D.

no withholding with either form

6.

When using the percentage method for an employee who is paid weekly, claims 1 federal withholding allowance, and completed a pre-2020 Form W-4, subtract $_____ from taxable pay.

A.

$358

B.

$179

C.

$165

D.

$83

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Accounting Information System

Authors: James A. Hall

7th Edition

978-1439078570, 1439078572

More Books

Students also viewed these Accounting questions