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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

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

Employee Filing Status No. of Withholding Allowances Gross Wage or Salary Percentage Method Wage-Bracket Method
Lennon, A. S N/A $675 weekly $fill in the blank 1 $fill in the blank 2
Starr, P. S N/A 1,365 weekly fill in the blank 3 fill in the blank 4
McNeil, S. MFJ N/A 1,775 biweekly fill in the blank 5 fill in the blank 6
Harrison, W. MFJ N/A 2,480 semimonthly fill in the blank 7 fill in the blank 8
Smythe, M. MFJ N/A 5,380 monthly fill in the blank 9 fill in the blank 10

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