6. Calculate, show your work, to find the amount provided to withhold from the following employees...
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6. Calculate, show your work, to find the amount provided to withhold from the following employees using the biweekly table of the percentage method. What is needed is the formula with the amounts needed from the biweekly table of the percentage method to get to the answer provided. Therefore in this question the answer is given, the formula to get to the answer is needed. Kenneth Karcher (single). $895 wages $ 41.80a Mary Kenny (married filing jointly), $1,900 wages Thomas Carney (single), $1,460 wages _ .... 96.88b 109.60c 7. Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. Employee No. Employee Name Filing Status No. of Withholding Allowances Gross Wage or Salary Amount to Be Withheld 1 Fox, A. MFJ N/A $1,575 weekly 2 Aiken, T. S N/A 1,200 biweekly 3 Larey, P. MFJ N/A 1,090 semimonthly 4 Wolf, M. MFJ N/A 8,120 monthly 6. Calculate, show your work, to find the amount provided to withhold from the following employees using the biweekly table of the percentage method. What is needed is the formula with the amounts needed from the biweekly table of the percentage method to get to the answer provided. Therefore in this question the answer is given, the formula to get to the answer is needed. Kenneth Karcher (single). $895 wages $ 41.80a Mary Kenny (married filing jointly), $1,900 wages Thomas Carney (single), $1,460 wages _ .... 96.88b 109.60c 7. Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. Employee No. Employee Name Filing Status No. of Withholding Allowances Gross Wage or Salary Amount to Be Withheld 1 Fox, A. MFJ N/A $1,575 weekly 2 Aiken, T. S N/A 1,200 biweekly 3 Larey, P. MFJ N/A 1,090 semimonthly 4 Wolf, M. MFJ N/A 8,120 monthly
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6 Kenneth Karcher single 895 wages Formula 895 11920 x 10 7780 Amount to be withhel... View the full answer
Related Book For
Personal Financial Planning
ISBN: 9780357438480
15th Edition
Authors: Randy Billingsley, Lawrence J. Gitman, Michael D. Joehnk
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