Calculate Federal Income Tax Withholding Using the Percentage Method (Pre-2020 Form W-4) Publication 15-T. round to two decimal places at each calculation 1: Juan Hoffman (single; 2 federal withholding allowances) earned weekly gross pay of $445.Federal income tax withholding = $22.592: William Harrison (single; 1 federal withholding allowance) earned biweekly gross pay of $990. He contributed $75 to a flexible spending account during the period.Federal income tax withholding = $ 78.043: Loretta Goulet (married; 3 federal withholding allowances) earned monthly gross pay of $2,800. For each period, she makes a 401(k) contribution of 14% of gross pay.Federal income tax withholding = $ 97.554: Louise Simpson (married; 9 federal withholding allowances) earned semimonthly gross pay of $2,300. She contributed $100 to a cafeteria plan during the period.Federal income tax withholding = $ 7.92×

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Answered: 1: Juan Hoffman (single; 2 federal…

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 3SSQ

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Calculate Federal Income Tax Withholding Using the Percentage Method (Pre-2020 Form W-4) Publication 15-T.

round to two decimal places at each calculation

1: Juan Hoffman (single; 2 federal withholding allowances) earned weekly gross pay of $445.
Federal income tax withholding = $
22.59
2: William Harrison (single; 1 federal withholding allowance) earned biweekly gross pay of $990. He contributed $75 to a flexible spending account during the period.
Federal income tax withholding = $ 78.04
3: Loretta Goulet (married; 3 federal withholding allowances) earned monthly gross pay of $2,800. For each period, she makes a 401(k) contribution of 14% of gross pay.
Federal income tax withholding = $ 97.55
4: Louise Simpson (married; 9 federal withholding allowances) earned semimonthly gross pay of $2,300. She contributed $100 to a cafeteria plan during the period.
Federal income tax withholding = $ 7.92
×

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3. Jordan Peters (single; 3 federal withholding allowances) earned monthly gross pay of $2,300. He contributes $150 to a flexible spending account during the period. Using wage-bracket method: Federal income tax withholding=$ Using percentage method: Federal income tax withholding=$
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MN.43.
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1: Jay Monroe (single; 2 federal withholding allowances) earned weekly gross pay of $1,085. For each period, he makes a 401(k) retirement plan contribution of 11% of gross pay. The city in which he works (he lives elsewhere) levies a tax of 2.5% of an employee's taxable pay (which is the same for federal and local income tax withholding) on residents and 1.75% of an employee's taxable pay on nonresidents.Federal income tax withholding = $ State income tax withholding = $ Local income tax withholding = $ 17.13 2: Gus Damon (married; 9 federal withholding allowances) earned weekly gross pay of $1,240. He contributes $140 to a flexible spending account during the period. The city in which he lives and works levies a tax of 2.8% of an employee's taxable pay (which is the same for federal and local income tax withholding) on residents and 0.30% of an employee's taxable pay on nonresidents.Federal income tax withholding = $ State income tax withholding = $ Local income tax withholding = $…
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