Question
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,
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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 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.
Employee No. Employee Name Filing Status No. of Withholding Allowances Gross Wage or Salary Amount to Be Withheld 1 James, A. S N/A $1,610 weekly $fill in the blank 1 2 Lake, R. HH N/A 825 biweekly fill in the blank 2 3 Walls, S. HH N/A 925 semimonthly fill in the blank 3 4 Free, Y. HH N/A 2,875 monthly fill in the blank
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