Table for Percentage Method of Withholding WEEKLY Payroll Period EXHIBIT 2 Wage Bracket Withholding Table (a) SINGLE person (including head of household) - If the amount of wages (after subtracting withholding allowances) The amount of income tax is: to withhold is: Not over $43... ..SO Over But not over- of excess over- $43 -$222 $0.00 plus 10% $43 $222 -S767 $17.90 plus 15% S222 $767 -- $1,796 $99.65 plus 25% $767 $1,796 -$3,700 $356.90 plus 2896 $1.796 $3,700 --$7,992 $890.02 plus 3396 $3,700 $7,992 -$8,025 $2,306,38 plus 3596 $7,992 $8,025 $2,317.93 plus 39.6% $8,025 McGrath wage bracket 1. PE.11-01.ALGO 2. PE.11-02.ALGO Federal Income Tax Withholding Bob Wolfe's weekly gross earnings for the present week were $2,220. Wolfe has four exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Wolfe's federal income tax withholding? Round your answer to two decimal places. 3. PE.11-03.ALGO 4. PE.11-04.ALGO 5. PE.11-05.ALGO 6. PE.11-07.ALGO 7. PE 11-08.ALGO