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Wynne and Associates have employees with pay schedules that vary based on job classification. Required: Compute the Federal income tax withholding for each employee using
Wynne and Associates have employees with pay schedules that vary based on job classification. Required: Compute the Federal income tax withholding for each employee using the percentage method in Appendix C (or the IRS federal income tax assistant). Assume that no pre-tax deductions exist for any employee, all W-4s are from 2020 and box 2 is checked for all employees. (Round your intermediate calculations and final answers to 2 decimal places.) Filing Status Dependents Pay Amount Federal Income Tax Employee S. Turner S. None $ S One Other Pay Frequency Weekly Monthly Daily Semimonthly $ D. McGorray A Kennedy R Thomas 5 3,165 18,300 555 5,550 MJ One
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