To compute the tax using the percentage method for Manual Payroll Systems with Forms W-4 from 2020 or Later using Standard Withholding Rate Schedules, follow the steps illustrated below. Step 1 Determine the amount of gross wages earned, filing status, adjustments on Form W-4, and frequency of pay. Note: Ir the wage ends in a fractional dollar amount, the wage may be rounded to the nearest dollar. However, in this text, exact wages are used. Step 2 Determine the withholding tax by referring to the appropriate Percentage Method Withholding Table (see figure 4.6 below). Compute tax from Tax Table A, Semimonthly, Standard Withholding Rate Schedule, page T-3. ($915.60$540.00=$375.6010%=$37.56+$0)= $37.56 Example 4-4 To use the wage-bracket method for Manual Payroll Systems With Forms W-4 From 2020 or Later using Standard Withholding, follow the steps illustrated below. Step 1 Select the withholding table that applies to the employee's pay period. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Adrienne Huff is married filing jointly (MF)). She is paid weekly at a rate of $815. Locate the appropriate wage bracket (see figure 4.7): At least $815 but less than $825 calculations and final answers to the nearest cent. for Manual Systems with Forms W-4 from 2020 or Later with Standard Withholding and 2022 FICA rates have been used. Gick here to access the Percentage Method Tables. Gick here to access the Wage-Bracket Method Tables