Question
T Sophie is a single taxpayer. For the first payroll period in July 2020, she is paid wages of $2,200 monthly. Sophie claims one allowance
T
Sophie is a single taxpayer. For the first payroll period in July 2020, she is paid wages of $2,200 monthly. Sophie claims one allowance on her pre-2020 Form W-4.
Click here to access the withholding tables.
IRS Publication 15-T, Federal Income Tax Withholding Method
| Pay period | 2020 Allowance Amount | |
| Weekly | $ 83 | |
| Biweekly | 165 | |
| Semimonthly | 179 | |
| Monthly | 358 | |
| Quarterly | 1,075 | |
| Semiannually | 2,150 | |
| Annually | 4,300 | |
Round intermediate computations and your final answer to two decimal places.
a. Use the percentage method to calculate the amount of Sophie's withholding for a monthly pay period.
Sophie's withholding: $fill in the blank 705e8c09bff3fa8_1
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New Perspectives In Accounting Ethics
Authors: Emerald Group Publishing Limited
23rd Edition
1785608673, 9781785608674
