Question
Review a list of employees that provides their marital status, number of claimed allowances, and gross wages and pay frequency for the accounting period and
Review a list of employees that provides their marital status, number of claimed allowances, and gross wages and pay frequency for the accounting period and calculate the amount of Federal Income Tax that should be withheld using both the wage-bracket and percentage methods. You should use the most recent IRS guide. Your calculation of the taxes to be withheld using each method should be close to one another. For example, one method might give you $60 of tax to withhold and the other might give you $59.25. So, your answers should be within a couple of dollars from each other.
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