Calculate federal income tax withholding for the employee according to the table images sent. Juan (single; two federal withholdong allowances) earned weekly gross pay of $445. 2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2019 or EarliWEEKLY Payroll PeriodIf the Wage Amount(line 1a)isSINGLE PersonsAnd the number of allowances is:0.48.But lessthanThe Tentative Withholding Amount is:At least$0$0$0$75$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$0$1$2$75$85$0$0$0$0$0$0$0$0$0$85$95$0$0$0$0$105$3$0$0$0$0$0$95$0$0$0$0$0$0$105$115$4$0$0$0$0$0$0$0$0$0$0$0$0$0$0$115$125$5$0$0$0$0$0$0$0$6$0$0$0$135$145$125$0$0$0$0$135$7$0$0$0$0$0$C$0$0$0$0$C$0$8$0$0$145$155$0$0$0$0$0$0$0$155$165$9$0$0$0$0$0$0$0$0$0$0$0$0$10$1$0$0$0$0$165$1752$$0$0$0$0$0$0$0$2$175$185$195$185$11$0$0$0$0$0$0$0$3$0$0$12$195$205$13$4$0$03.2. $310$325$26$325$340$27$18$9$0$0$0$29$19$3$11$12$14$15$0$0$0$0$0$0$0$0$340$355$0$31$21$4$370$385$0$0$0$355$33$23$25$370$6$385$400$35$7$400$415$36$26$17$9$0$0$0$415$430$38$28$18$10$2$0$0$445$40$30$20$12$3$0$0$430$42$32$22$13$5$0$0$445$460$0$0$460$475$44$34$24$15$6$35$25$16$8$0$0$475$490$45$27$18$9$41$C$490$505$47$37$C$29$19$11243$505$520$49$39$4$C$31$21$12$520$535$51$41$6$33$23$1424$535$550$53$43$7$25$15%24%24%24

Under wage bracket method, federal withholdings are calculated on the basis of number of allowances,…

Answered: Calculate federal income tax…

Calculate federal income tax withholding for the employee according to the table images sent. Juan (single; two federal withholdong allowances) earned weekly gross pay of $445.

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Calculate federal income tax withholding for the employee according to the table images sent. Juan (single; two federal withholdong allowances) earned weekly gross pay of $445.

2020 Wage Bracket Method Tables for Manual Payroll Systems With Forms W-4 From 2019 or Earli
WEEKLY Payroll Period
If the Wage Amount
(line 1a)
is
SINGLE Persons
And the number of allowances is:
0.
4
8.
But less
than
The Tentative Withholding Amount is:
At least
$0
$0
$0
$75
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$1
$2
$75
$85
$0
$0
$0
$0
$0
$0
$0
$0
$0
$85
$95
$0
$0
$0
$0
$105
$3
$0
$0
$0
$0
$0
$95
$0
$0
$0
$0
$0
$0
$105
$115
$4
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$115
$125
$5
$0
$0
$0
$0
$0
$0
$0
$6
$0
$0
$0
$135
$145
$125
$0
$0
$0
$0
$135
$7
$0
$0
$0
$0
$0
$C
$0
$0
$0
$0
$C
$0
$8
$0
$0
$145
$155
$0
$0
$0
$0
$0
$0
$0
$155
$165
$9
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$0
$10
$1
$0
$0
$0
$0
$165
$175
2$
$0
$0
$0
$0
$0
$0
$0
$2
$175
$185
$195
$185
$11
$0
$0
$0
$0
$0
$0
$0
$3
$0
$0
$12
$195
$205
$13
$4
$0
$0
3.
2.

$310
$325
$26
$325
$340
$27
$18
$9
$0
$0
$0
$29
$19
$3
$11
$12
$14
$15
$0
$0
$0
$0
$0
$0
$0
$0
$340
$355
$0
$31
$21
$4
$370
$385
$0
$0
$0
$355
$33
$23
$25
$370
$6
$385
$400
$35
$7
$400
$415
$36
$26
$17
$9
$0
$0
$0
$415
$430
$38
$28
$18
$10
$2
$0
$0
$445
$40
$30
$20
$12
$3
$0
$0
$430
$42
$32
$22
$13
$5
$0
$0
$445
$460
$0
$0
$460
$475
$44
$34
$24
$15
$6
$35
$25
$16
$8
$0
$0
$475
$490
$45
$27
$18
$9
$41
$C
$490
$505
$47
$37
$C
$29
$19
$11
243
$505
$520
$49
$39
$4
$C
$31
$21
$12
$520
$535
$51
$41
$6
$33
$23
$14
24
$535
$550
$53
$43
$7
$25
$15
%24
%24
%24

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