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The tax to withhold is $34. Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from
The tax to withhold is $34. Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. As we go to press, the federal income tax rates for 2021 are being determined by budget talks in Washington and not available for publication. For this edition, the 2020 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2020 FICA rates have been used. Click here to access the Percentage Method Tables. Click here to access the Wage-Bracket Method Tables Amount to Be withheld No. of Withholding Filing Allowances Employee Status Gross Wage or Salary Percentage Wage-Bracket Method Method Lennon, A. HH N/A $675 weekly Starr, P. McNeil, S. Harrison, W. Smythe, M. S MF) MF) N/A N/A N/A N/A 1,929 weekly 1,775 biweekly 2,580 semimonthly 5,380 monthly S The tax to withhold is $34. Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. As we go to press, the federal income tax rates for 2021 are being determined by budget talks in Washington and not available for publication. For this edition, the 2020 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2020 FICA rates have been used. Click here to access the Percentage Method Tables. Click here to access the Wage-Bracket Method Tables Amount to Be withheld No. of Withholding Filing Allowances Employee Status Gross Wage or Salary Percentage Wage-Bracket Method Method Lennon, A. HH N/A $675 weekly Starr, P. McNeil, S. Harrison, W. Smythe, M. S MF) MF) N/A N/A N/A N/A 1,929 weekly 1,775 biweekly 2,580 semimonthly 5,380 monthly S
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