Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one...
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Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is not checked and all dependents are under the age of 17. Also, the employer uses the Percentage Method Tables for Manual Payroll Systems with Forms W-4 from 2020 or Later. Use percentage method tables for a manual payroll systems. Number of Dependents from Form W- Semimonthly Payroll $ 6,200 Marital Status 4 3 Married Naila Wilfred $ 5,080 2 Married $ 3,680 0 Single Byron Annie $ 4,280 1 Single Required: Complete the table for taxes to be withheld for each pay period. Note: Round your intermediate computations and final answers to 2 decimal places. Employee Federal Withholding Tax Social Security Tax Medicare Tax Total Taxes Withheld Naila Wilfred Byron Annie $ $ $ 0.00 0.00 0.00 0.00 Lauprechta Incorporated has the following employees on payroll. Assume that all the employees has only one job or that step 2 of Form W-4 is not checked and all dependents are under the age of 17. Also, the employer uses the Percentage Method Tables for Manual Payroll Systems with Forms W-4 from 2020 or Later. Use percentage method tables for a manual payroll systems. Number of Dependents from Form W- Semimonthly Payroll $ 6,200 Marital Status 4 3 Married Naila Wilfred $ 5,080 2 Married $ 3,680 0 Single Byron Annie $ 4,280 1 Single Required: Complete the table for taxes to be withheld for each pay period. Note: Round your intermediate computations and final answers to 2 decimal places. Employee Federal Withholding Tax Social Security Tax Medicare Tax Total Taxes Withheld Naila Wilfred Byron Annie $ $ $ 0.00 0.00 0.00 0.00
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Answer rating: 100% (QA)
Social security tax rate is 62 of gross pay Medicare tax is 145 of gross pay Child tax yearly credit ... View the full answer
Related Book For
Fundamentals of Taxation 2015
ISBN: 9781259293092
8th edition
Authors: Ana Cruz, Michael Deschamps, Frederick Niswander, Debra Prendergast, Dan Schisler, Jinhee Trone
Posted Date:
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