You are the payroll manager for a resort. Your daughter (Carla Boxwood) is the marketing director earning a salary of $40,800 per year, payable monthly. She is married and claims three withholding allowances. Her social security number is 777-77-7777. In addition to federal income tax, social security, and Medicare, Carla pays 2.4% state income tax,% for state disability insurance (both based on gross eamings), $34.73 for term life insurance, $131.87 to the credit union, and $30 to the United Way. Fill out the following payroll voucher for Carla for the month of March. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee: Tax Filing Status: G-Select--- 9 SSN: Withholding Allowances: Full-time Pay Period From-Select--- to-Select- Primary Withholdings: Additional Withholdings: Federal income tax $ Term life $ Social Security $ Credit union $ Medicare $ United Way $ State income tax $ State disability $ Gross earnings: $ - Total withholdings: $ NET PAY $ EXHIBIT 9-1 Percentage Method Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) $ 79.80 159.60 172.90 345.80 1,037.50 2,075.00 4,150.00 16.00 EXHIBIT 9-2 Tables for Percentage Method of Withholding Percentage Method Tables for Income Tax Withholding (For Wages Paid in 20XX) TABLE 1WEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: : Not over $71. $0 Not over $222 ..$0 $0 Over- But not over- of excess over- Over- But not over- of excess over- $71 -$254 $0.00 plus 10% -$71 $222 -$588 $0.00 plus 10% -$222 $254 -$815 $18.30 plus 12% -$254 $588 -$1,711 ......$36.60 plus 12% -5588 $815 - $1,658 ....$85.62 plus 22% -$815 $1,711 $3,395 $171.36 plus 22% -$1,711 $1,658 $3,100 $271.08 plus 24% $1,658 $3,395 -$6,280 $541.84 plus 24% $3,395 $3,100 -$3,917 $617.16 plus 32% $3,100 $6,280 $7,914 $1,234.24 plus 32% $6,280 $3,917 -$9,687 $878.60 plus 35% $3,917 $7,914 -$11,761 $1,757.12 plus 35% -$7,914 $9,687 $2,898.10 plus 37% $9,687 $11,761 $3,103.57 plus 37% =$11,761 TABLE 2-BIWEEKLY Payroll Period (a) SINGLE person (including head of household)- (b) MARRIED person- If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: Not over $142 $0 Not over $444 ...$0 0 Over- But not over- of excess over- Over- But not over- of excess over- $142 -$509 $0.00 plus 10% - $142 $444 $1,177 $0.00 plus 10% - $444 $509 - $1,631 $36.70 plus 12% -$509 $1,177 -$3,421 $73.30 plus 12% -$1,177 $1,631 -$3,315 $171.34 plus 22% -$1,631 $3,421 - $6,790 $342.58 plus 22% -$3,421 $3,315 - $6,200 $541.82 plus 24% $3,315 $6,790 -$12,560 $1,083.76 plus 24% -$6,790 $6,200 -$7,835 $1,234.22 plus 32% -$6,200 $12,560 -$15.829 $2,468.56 plus 32% -$12,560 $7,835 -$19,373 $1,757.42 plus 35% -$7,835 $15,829 -$23,521 $3,514.64 plus 35% -$15,829 $19,373 $5,795.72 plus 37% -$19,373 $23,521 $6,206.84 plus 37% -$23.521 TABLE 3-SEMIMONTHLY Payroll Period (a) SINGLE person (including head of household)- (b) MARRIED person- If the amount of wages (after If the amount of wages subtracting withholding The amount of income tax (after subtracting The amount of income tax allowances) is: to withhold is: withholding allowances) is: : to withhold is Not over $154. $0 $ Not over $481 ......... $0 Over- But not over- of excess over, Over- But not over- of excess over- $154 -$551 $0.00 plus 10% -$154 $481 -$1,275 $0.00 plus 10% -$481 $551 -$1,767 - $39.70 plus 12% -$551 $1,275 -$3,706 $79.40 plus 12% % -$1,275 $1,767 -$3,592 $185.62 plus 22% - $1,767 -$7,356 $371.12 plus 22% -$3,706 $3,592 -$6,717 $587.12 plus 24% -$3,592 $7,356 ---$13,606 $1,174.12 plus 24% -$7,356 $6,717 - $8,488 $1,337.12 plus 32% -$6,717 $13,606 $17,148 $2,674.12 plus 32% ----$13,606 $8,488 -$20,988 $1,903.84 plus 35% - $8,488 $17,148 -S$25,481 $3,807.11 plus 35% -$17,148 $20,988. $6,278.84 plus 37% -$20,988 $25,481 $6,724.11 plus 37% -$25,481 TABLE 4-MONTHLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- b If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: : withholding allowances) is: to withhold is: Not over $308. $0 Not over $963. $0 Over- But not over- of excess over- Over- But not over- of excess over- $308 -$1,102 $0.00 plus 10% -$308 $963 -$2,550 $0.00 plus 10% --$963 $1,102 -$3,533 .$79.40 plus 12% -$1,102 $2,550 -$7,413 $158.70 plus 12% -$2,550 $3,533 -$7,183 $371.12 plus 22% -$3,533 $7,413 -$14,713 ......$742.26 plus 22% -$7,413 $7,183 -$13,433 $1,174.12 plus 24% -$7,183 $14,713 -$27,213 $2,348.26 plus 24% -$14,713 $13,433 -$16,975 $2,674.12 plus 32% -$13,433 $27,213 -$34,296 $5,345.26 plus 32% $27,213 $16,975 -$41,975 $3,807.56 plus 35% -$ 16,975 $34,296 -$50,963 $7,614.82 plus 35% -$34,296 $41,975. $12,557.56 plus 37% $41,975 $50,963... $13,448.27 plus 37% -$50,963 $3,706 You are the payroll manager for a resort. Your daughter (Carla Boxwood) is the marketing director earning a salary of $40,800 per year, payable monthly. She is married and claims three withholding allowances. Her social security number is 777-77-7777. In addition to federal income tax, social security, and Medicare, Carla pays 2.4% state income tax,% for state disability insurance (both based on gross eamings), $34.73 for term life insurance, $131.87 to the credit union, and $30 to the United Way. Fill out the following payroll voucher for Carla for the month of March. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee: Tax Filing Status: G-Select--- 9 SSN: Withholding Allowances: Full-time Pay Period From-Select--- to-Select- Primary Withholdings: Additional Withholdings: Federal income tax $ Term life $ Social Security $ Credit union $ Medicare $ United Way $ State income tax $ State disability $ Gross earnings: $ - Total withholdings: $ NET PAY $ EXHIBIT 9-1 Percentage Method Amount for One Withholding Allowance Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) $ 79.80 159.60 172.90 345.80 1,037.50 2,075.00 4,150.00 16.00 EXHIBIT 9-2 Tables for Percentage Method of Withholding Percentage Method Tables for Income Tax Withholding (For Wages Paid in 20XX) TABLE 1WEEKLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: : Not over $71. $0 Not over $222 ..$0 $0 Over- But not over- of excess over- Over- But not over- of excess over- $71 -$254 $0.00 plus 10% -$71 $222 -$588 $0.00 plus 10% -$222 $254 -$815 $18.30 plus 12% -$254 $588 -$1,711 ......$36.60 plus 12% -5588 $815 - $1,658 ....$85.62 plus 22% -$815 $1,711 $3,395 $171.36 plus 22% -$1,711 $1,658 $3,100 $271.08 plus 24% $1,658 $3,395 -$6,280 $541.84 plus 24% $3,395 $3,100 -$3,917 $617.16 plus 32% $3,100 $6,280 $7,914 $1,234.24 plus 32% $6,280 $3,917 -$9,687 $878.60 plus 35% $3,917 $7,914 -$11,761 $1,757.12 plus 35% -$7,914 $9,687 $2,898.10 plus 37% $9,687 $11,761 $3,103.57 plus 37% =$11,761 TABLE 2-BIWEEKLY Payroll Period (a) SINGLE person (including head of household)- (b) MARRIED person- If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: withholding allowances) is: to withhold is: Not over $142 $0 Not over $444 ...$0 0 Over- But not over- of excess over- Over- But not over- of excess over- $142 -$509 $0.00 plus 10% - $142 $444 $1,177 $0.00 plus 10% - $444 $509 - $1,631 $36.70 plus 12% -$509 $1,177 -$3,421 $73.30 plus 12% -$1,177 $1,631 -$3,315 $171.34 plus 22% -$1,631 $3,421 - $6,790 $342.58 plus 22% -$3,421 $3,315 - $6,200 $541.82 plus 24% $3,315 $6,790 -$12,560 $1,083.76 plus 24% -$6,790 $6,200 -$7,835 $1,234.22 plus 32% -$6,200 $12,560 -$15.829 $2,468.56 plus 32% -$12,560 $7,835 -$19,373 $1,757.42 plus 35% -$7,835 $15,829 -$23,521 $3,514.64 plus 35% -$15,829 $19,373 $5,795.72 plus 37% -$19,373 $23,521 $6,206.84 plus 37% -$23.521 TABLE 3-SEMIMONTHLY Payroll Period (a) SINGLE person (including head of household)- (b) MARRIED person- If the amount of wages (after If the amount of wages subtracting withholding The amount of income tax (after subtracting The amount of income tax allowances) is: to withhold is: withholding allowances) is: : to withhold is Not over $154. $0 $ Not over $481 ......... $0 Over- But not over- of excess over, Over- But not over- of excess over- $154 -$551 $0.00 plus 10% -$154 $481 -$1,275 $0.00 plus 10% -$481 $551 -$1,767 - $39.70 plus 12% -$551 $1,275 -$3,706 $79.40 plus 12% % -$1,275 $1,767 -$3,592 $185.62 plus 22% - $1,767 -$7,356 $371.12 plus 22% -$3,706 $3,592 -$6,717 $587.12 plus 24% -$3,592 $7,356 ---$13,606 $1,174.12 plus 24% -$7,356 $6,717 - $8,488 $1,337.12 plus 32% -$6,717 $13,606 $17,148 $2,674.12 plus 32% ----$13,606 $8,488 -$20,988 $1,903.84 plus 35% - $8,488 $17,148 -S$25,481 $3,807.11 plus 35% -$17,148 $20,988. $6,278.84 plus 37% -$20,988 $25,481 $6,724.11 plus 37% -$25,481 TABLE 4-MONTHLY Payroll Period (a) SINGLE person (including head of household) (b) MARRIED person- b If the amount of wages If the amount of wages (after subtracting The amount of income tax (after subtracting The amount of income tax withholding allowances) is: to withhold is: : withholding allowances) is: to withhold is: Not over $308. $0 Not over $963. $0 Over- But not over- of excess over- Over- But not over- of excess over- $308 -$1,102 $0.00 plus 10% -$308 $963 -$2,550 $0.00 plus 10% --$963 $1,102 -$3,533 .$79.40 plus 12% -$1,102 $2,550 -$7,413 $158.70 plus 12% -$2,550 $3,533 -$7,183 $371.12 plus 22% -$3,533 $7,413 -$14,713 ......$742.26 plus 22% -$7,413 $7,183 -$13,433 $1,174.12 plus 24% -$7,183 $14,713 -$27,213 $2,348.26 plus 24% -$14,713 $13,433 -$16,975 $2,674.12 plus 32% -$13,433 $27,213 -$34,296 $5,345.26 plus 32% $27,213 $16,975 -$41,975 $3,807.56 plus 35% -$ 16,975 $34,296 -$50,963 $7,614.82 plus 35% -$34,296 $41,975. $12,557.56 plus 37% $41,975 $50,963... $13,448.27 plus 37% -$50,963 $3,706