Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to compute the federal income taxwithholdings for the following employees of Milligan's Millworks: (Assume that no pre-tax deductions exist for any employee and box 2is not checked for all employees and Manual payroll system is used.) (Round your intermediate calculations and final answers to 2decimal places. Leave no cells blank. Enter "0" wherever required.)EmployeeD. BalestreriY. MilliganH. CurranD. LibertiSingleSingleFiling StatusMarried/JointHead of HouseholdDependentsTwo <17One OtherTwo <17, one OtherOne <17S$S$WeeklyPay7601,213752895FederalTax

As per Internal Revenue Service [IRS] rules for the year 2022 [assumed…

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Business

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ligan's pays its employees weekly. Use the wage-bracket tables

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

Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to compute the federal income tax
withholdings for the following employees of Milligan's Millworks: (Assume that no pre-tax deductions exist for any employee and box 2
is not checked for all employees and Manual payroll system is used.) (Round your intermediate calculations and final answers to 2
decimal places. Leave no cells blank. Enter "0" wherever required.)
Employee
D. Balestreri
Y. Milligan
H. Curran
D. Liberti
Single
Single
Filing Status
Married/Joint
Head of Household
Dependents
Two <17
One Other
Two <17, one Other
One <17
S
$
S
$
Weekly
Pay
760
1,213
752
895
Federal
Tax

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