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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
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. Box 2 is checked. (Round your intermediate calculations and final answers to 2 decimal places.) Filing Status Employee S. Turner S Dependents None Pay Frequency Pay Amount Federal Income Tax Weekly $ 3,000 D. McGorray S One Other Monthly $ 15,000 A. Kennedy MJ One
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