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PSC 3 - 3 Calculate Federal Income Tax Withholding Using the Wage - Bracket Method ( Pre - 2 0 2 0 Form W -
PSC Calculate Federal Income Tax Withholding Using the WageBracket Method Pre Form W
For each employee listed, use the wagebracket method to calculate federal income tax withholding for an employee who has submitted a pre Form W Refer to Publication
NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
: Phil MCGlynn married; federal withholding allowances earned weekly gross pay of $
Federal income tax withholding $
: Gary Williams single; federal withholding allowance earned biweekly gross pay of $ He participates in a flexible spending account, to which he contributed $ during the period.
Federal income tax withholding
: Lila Downing single; federal withholding allowances earned monthly gross pay of $ For each period, she makes a contribution of of gross pay. Federal income tax withholding $
: Billie Hall married; federal withholding allowances earned semimonthly gross pay of $ She participates in a cafeteria plan, to which she contributed $ during the period.
Federal income tax withholding $
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