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PSA 3 - 4 Calculate Federal Income Tax Withholding Using the Percentage Method ( Pre - 2 0 2 0 Form W - 4 )
PSA Calculate Federal Income Tax Withholding Using the Percentage Method Pre Form W
For each employee listed, use the percentage method to calculate federal income tax withholding for an employee who has submitted a pre Form W Refer to Publication T
NOTE: For simplicity, all calculations throughout this exercise, both intermediale and final, should be rounded to two decimal places at each calculation.
Billy Rainer married; federal withholding allowances earned weekly gross pay of $
Federal income tax withholding
Angel Rodriguez married; federal withholding allowances earned biveekly gross pay of $ He participates in a flexible spending account, to which he contributed $ during the period.
Federal income tax withholding
Julie Smithers single federal withholding allowances earned monthly gross pay of $ For each period, she makes a contribution of of gross pay.
Federal income tax withholding
Anna Marquez single federal withholding allowances earned seminonthly gross pay of $ She participates in a cafeteria plan, to which she contributed $ during the period.
Federal income tax withholding :
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