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1

Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from

15 pts.

the wages or salaries of each employee.

Employee

Marital Status

No. of Withholding Allowances

Gross Wage or Salary

Percentge Method

Wage-Bracket Method

Louis, S.

S

N/A

$1,040 weekly

Hanks, X.

S

N/A

1,910 weekly

Gillespie H.

MFJ

N/A

1,890 biweekly

Tromley, P.

MFJ

N/A

2,315 semimonthly

Farley, R.

MFJ

N/A

3,200 monthly