Sophie is a single taxpayer. For the first payroll period in July 2022, she is paid wages of $1,100 semimonthly. Sophie claims one allowance on her pre-2020 Form W-4. Click here to access the withholding tables. IRS Publication 15-T, Federal Income Tax Withholding Method Pay period 2022 Allowance Amount Weekly $83 Biweekly 165 Semimonthly 179 358 1,075 2,150 4,300 Monthly Quarterly Semiannually Annually Round intermediate computations and your final answer to two decimal places. a. Use the percentage method to calculate the amount of Sophie's withholding for a semimonthly pay period. Sophie's withholding: $ 921 X
Sophie is a single taxpayer. For the first payroll period in July 2022, she is paid wages of $1,100 semimonthly. Sophie claims one allowance on her pre-2020 Form W-4. Click here to access the withholding tables. IRS Publication 15-T, Federal Income Tax Withholding Method Pay period 2022 Allowance Amount Weekly $83 Biweekly 165 Semimonthly 179 358 1,075 2,150 4,300 Monthly Quarterly Semiannually Annually Round intermediate computations and your final answer to two decimal places. a. Use the percentage method to calculate the amount of Sophie's withholding for a semimonthly pay period. Sophie's withholding: $ 921 X
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Transcribed Image Text:Sophie is a single taxpayer. For the first payroll period in July 2022, she is paid wages of $1,100 semimonthly. Sophie claims one allowance on her pre-2020 Form W-4.
Click here to access the withholding tables.
IRS Publication 15-T, Federal Income Tax Withholding Method
Pay period 2022 Allowance Amount
Weekly
$ 83
Biweekly
165
Semimonthly
179
Monthly
358
Quarterly
1,075
Semiannually
2,150
Annually
4,300
Round intermediate computations and your final answer to two decimal places.
a. Use the percentage method to calculate the amount of Sophie's withholding for a semimonthly pay period.
Sophie's withholding: $
921 X
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