PSb 3-3 Calculate Federal Income Tax Withholding Using the Wage-Bracket Method

For each employee listed, use the wage-bracket method to calculate federal income tax withholding. Refer to Appendix A, 2018 Federal Tax Tables in your textbook. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1:Paul Yount (married; 7 federal withholding allowances) earned weekly gross pay of $605. Federal income tax withholding = $

2:Paulina Robinson (single; 3 federal withholding allowances) earned biweekly gross pay of $1,245. She contributes $75 to a flexible spending account during the period. Federal income tax withholding = $

3:Lacey Kunis (single; 2 federal withholding allowances) earned monthly gross pay of $3,090. For each period, she makes a 401(k) contribution of 11% of gross pay. Federal income tax withholding = $

4:Francine Stewart (married; 4 federal withholding allowances) earned semimonthly gross pay of $1,420. She contributes $125 to a cafeteria plan during the period. Federal income tax withholding = $