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Sb 3-5 Calculate Federal Income Tax Withholding Using Two Methods (Pre-2020 Form W-4) For each employee listed, use bonh the woge-bracket method and the percentage

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Sb 3-5 Calculate Federal Income Tax Withholding Using Two Methods (Pre-2020 Form W-4) For each employee listed, use bonh the woge-bracket method and the percentage method to calculate federal income tax withholding for an enployee whio has submitied a pre-20a0 Fom W-4. Reter to Publication 15- NOTE: For simplicty, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each caicutation. 1. Warren Cavanagh (tinges, o federal watholding allowances) earned weekly gross pay of $620, For each period, he makes a 401(k) ietirement pan contibution of s\% of gross pay. Using wage-bracket method. Foderal income tax wahholding s 1 using percentage method Federal income tax wahholding =$ 2. Sucoy vaughn (manied; 4 toderal watholding alowances) eamed daly gross pay at 5275 . Fot each period, ahe makes a sor (av conticuton of bw of grous pay Using wage-bracker mothod: Federal incorne tax witholiding =; Using percenage meitod: Fedoral insome tax wathilding =5 Using wage-bracket method Fedoral incone tix wethibiding * ? Using percentage method Federai wioome tax witholding =$

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