Withholding Methods (LO 9.1)

Sophie is a single taxpayer. For the first payroll period in July 2020, she is paid wages of $2,200 monthly. Sophie claims one allowance on her pre-2020 Form W-4.

Click here to access the withholding tables.

IRS Publication 15-T, Federal Income Tax Withholding Method

Pay period	2020 Allowance Amount
Weekly	$ 83
Biweekly	165
Semimonthly	179
Monthly	358
Quarterly	1,075
Semiannually	2,150
Annually	4,300

Round intermediate computations and your final answer to two decimal places.

a. Use the percentage method to calculate the amount of Sophie's withholding for a monthly pay period.

Sophie's withholding: $fill in the blank 624854fd6043fcd_1

b. Use the wage bracket method to determine the amount of Sophie's withholding for the same period. $fill in the blank 95dd63fd6053fb1_1

c. Use the percentage method assuming Sophie completed a 2020 Form W-4 and checked only the single box in Step 1(c). $fill in the blank 940f49004fdeff3_1

d. Use the wage bracket method using the same assumptions in part c of this question. $fill in the blank 3a52fd01607df86_1