Use the percentage method to compute the federal imcome taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent. 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.

Percentage Method Withholding Table (see Figure 4.6 below). Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent. 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 Percentage Method Tables. No. of Employee Employee Filing Withholding Allowances No. Name Status N/A N/A N/A 1 2 3 4 Feedback James, A. Lake, R. Walls, S. Free, Y. HH HH HH HH N/A Gross Wage or Salary $1,610 weekly ($915.60 $523.00 = $392.60 x 10% = $39.26 + $39.26 825 biweekly 925 semimonthly 2,875 monthly Amount to Be Withheld 128.36 Check My Work Use Percentage Method Tables to calculate federal income taxes withheld using filing status. X 2