Richard Roe was paid an annual salary of $130,800 during 2016. He is paidsemimonthly.His W-4 information shows Married and claiming 3 allowances for calculating FITW. Use the % tables in the back of your book to calculate Box 2.Out of each semimonthly pay check, he contributes $1,000 into a 401-K plan(24,000 for the year). (Richard is in the age 50 or older category and is allowed to put in more than the $18,000 each year.) Assume that the State Income Tax Rate is a flat 4% of Federally Taxable Income (the amount that shows up in Box 1will also go in Box 16).Richard lives in an area where there is no local income tax (likeliving inSouth Carolina).

Complete Boxes 1,2, 3, 4, 5, 6, 12a (Remember the code), 13,16, and 17. You may either scanan actual W-2into thedropboxor type up a Word document with the required information for these boxesand attach to the IA #8dropbox.

Note: The correct amount that you should put in Box 6 for Medicare tax withheld should be calculated per pay period to the nearest penny and then multiplied by 24 paychecks during the year. With Box 4, because you max out at 118,500 taxable wages, the amount can be calculated on the taxable wages for the year. (Even if you did this by each pay period and multiplied by 24, it still comes out to the same amount of SS taxes.)