1: Blaine Philips files as married filing jointly on his tax return and earned weekly gross pay of $385. He does not make any retirement plan contributions. Blaine checked box 2c on Form W-4 and did not enter any information in steps 3-4 of the form. Federal income tax withholding = $ 2: Chloe Fineman files as single on her tax return and earned weekly gross pay of $920. For each period she makes a 401(k) contribution of 6% of gross pay. Chloe entered $12,000 on line 4a of Form W-4 and did not enter any information in steps 2 and 3 of the form. Federal income tax withholding = $ 3: Maria Moore files as married filing jointly on her tax return and earned weekly gross pay of $790. For each period she makes a flexible spending account contribution of 3% of gross pay. Maria checked box 2c on Form W-4, entered $500 in step 3 of the form, and did not enter any information in step 4 of the form. Federal income tax withholding = $ Tentative Federal Income Tax Withholding = $
1: Blaine Philips files as married filing jointly on his tax return and earned weekly gross pay of $385. He does not make any retirement plan contributions. Blaine checked box 2c on Form W-4 and did not enter any information in steps 3-4 of the form. Federal income tax withholding = $ 2: Chloe Fineman files as single on her tax return and earned weekly gross pay of $920. For each period she makes a 401(k) contribution of 6% of gross pay. Chloe entered $12,000 on line 4a of Form W-4 and did not enter any information in steps 2 and 3 of the form. Federal income tax withholding = $ 3: Maria Moore files as married filing jointly on her tax return and earned weekly gross pay of $790. For each period she makes a flexible spending account contribution of 3% of gross pay. Maria checked box 2c on Form W-4, entered $500 in step 3 of the form, and did not enter any information in step 4 of the form. Federal income tax withholding = $ Tentative Federal Income Tax Withholding = $
Chapter3: Computing The Tax
Section: Chapter Questions
Problem 38P
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Transcribed Image Text:1: Blaine Philips files as married filing jointly on his tax return and earned weekly gross pay of $385. He does not make any retirement plan contributions. Blaine checked
box 2c on Form W-4 and did not enter any information in steps 3-4 of the form.
Federal income tax withholding = $
2: Chloe Fineman files as single on her tax return and earned weekly gross pay of $920. For each period she makes a 401(k) contribution of 6% of gross pay. Chloe entered
$12,000 on line 4a of Form W-4 and did not enter any information in steps 2 and 3 of the form.
Federal income tax withholding = $
3: Maria Moore files as married filing jointly on her tax return and earned weekly gross pay of $790. For each period she makes a flexible spending account contribution of
3% of gross pay. Maria checked box 2c on Form W-4, entered $500 in step 3 of the form, and did not enter any information in step 4 of the form.
Federal income tax withholding = $
Tentative Federal Income Tax Withholding = $
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