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To use the wage - bracket method for Manual Payroll Systems With Forms W - 4 From 2 0 2 0 or Later using Standard

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. Adrienne Huff is married filing jointly (MFJ). She is paid weekly at a rate of $815.
Step 2
Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Locate the appropriate wage bracket (see Figure 4.7):
At least $815 but less than $825
Step 3
Follow the line for the wage bracket across to the right to the column showing the appropriate filing status with standard withholding. Withhold this amount of tax. Move across the line to the column showing Married Filing Jointly, Standard withholding.
The tax to withhold is $34.
Figure 1.9
The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The filing status is shown on the payroll register, along with each employee's weekly salary, which has remained the same all year. Complete the payroll register for the payroll period ending December 20,20--, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the total gross earnings, and the wage-bracket method is used for federal income taxes.
Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. If an amount is zero, enter "0".
As we go to press, the federal income tax rates for 2022 are being determined by budget talks in Washington and not available for publication. For this edition, the 2021 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2021 FICA rates have been used.
Click here to access the Wage-Bracket Method Tables.
Click here to access the Percentage Method Tables.
Hogan Thrift Shop
Payroll Register
FOR PERIOD ENDING December 20,20-- Deductions
(a) FICA
Employee Name Filing
Status No. of W/H
Allowances Total
Earnings OASDI HI (b)
FIT (c)
SIT (d)
CIT (e)
Net Pay
John, Matthew MFJ N/A $2,850.00 $fill in the blank 1
$fill in the blank 2
$fill in the blank 3
$fill in the blank 4
$fill in the blank 5
$fill in the blank 6
Smith, Jennifer S N/A 275.00 fill in the blank 7
fill in the blank 8
fill in the blank 9
fill in the blank 10
fill in the blank 11
fill in the blank 12
Bullen, Catherine MFJ N/A 250.00 fill in the blank 13
fill in the blank 14
fill in the blank 15
fill in the blank 16
fill in the blank 17
fill in the blank 18
Matthews, Mary S N/A 320.25 fill in the blank 19
fill in the blank 20
fill in the blank 21
fill in the blank 22
fill in the blank 23
fill in the blank 24
Hadt, Bonnie S N/A 450.00 fill in the blank 25
fill in the blank 26
fill in the blank 27
fill in the blank 28
fill in the blank 29
fill in the blank 30
Camp, Sean S N/A 560.50 fill in the blank 31
fill in the blank 32
fill in the blank 33
fill in the blank 34
fill in the blank 35
fill in the blank 36
Aarav, Helen S N/A 475.50 fill in the blank 37
fill in the blank 38
fill in the blank 39
fill in the blank 40
fill in the blank 41
fill in the blank 42
Gleason, Josie MFJ N/A 890.00 fill in the blank 43
fill in the blank 44
fill in the blank 45
fill in the blank 46
fill in the blank 47
fill in the blank 48
Totals $6,071.25 $fill in the blank 49
$fill in the blank 50
$fill in the blank 51
$fill in the blank 52
$fill in the blank 53
$fill in the blank 54
Compute the employer's FICA taxes for the pay period ending December 20,20--.
OASDI Taxes HI Taxes
OASDI taxable earnings $fill in the blank 55
HI taxable earnings $fill in the blank 56
OASDI taxes $fill in the blank 57
HI taxes $fill in the blank 58

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