Additional Medal Points

It has been said before ... so how about one more time, practice, practice, practice. Determine the federal withholding for each employee.

Lucien Laurin earns $2,178 semimonthly. He claims 4 allowances and is married.

Employee: Laurin, Lucien
Semimonthly Earnings	$2,178.00
Federal Income Tax Withholding:	$

Dale Earnhardt earns $2,282 monthly. He claims 2 allowances and is single.

Employee: Earnhardt, Dale
Monthly Earnings	$2,282.00
Federal Income Tax Withholding:	$

Alex Rodriguez earns $6,370.00 semimonthly. Additional information necessary to determine Alex's tax withholding can be found here:

Note: Enter ALL values as positive numbers.

	Description			Calculation
1.	Determine the amount of gross wages, rounded to the nearest dollar.			$
2.	Enter the value of the allowances based on the payroll period.		$
3.	Multiply the allowance value by the employee allowances claimed			()
4.	Subtract allowances from gross pay, referred to as excess wages			$
5.	Identify the correct bracket. Wages starting at $ but not over $		$ ()
6.	Determine the value over the starting wage for this bracket		$
7.	Multiply the overage by the tax rate in the table (enter as a decimal).
				$
8.	Add the bracket minimum tax.
9.	Add the two amounts together, total withholding for Alex Rodriguez.

Separate here and give Form W-4 to your employer. Keep the worksheet(s) for your records. ------ Emplo yee's Withholding Allowance Certificate OMB No. 1545-0074 Form W- Department of the Treasury Whether you're entitled to claim a certain number of allowances or exemption from withholding is Internal Revenue Service subject to review by the IRS. Your employer may be required to send a copy of this form to the IRS. 1 Your first name and middle initial Last name Alex Rodriguez 000-00-0000 Home address (number and street or rural route) 3 Single Married Married, but withhold at higher Single rate. 1000 North Central Expressway Note: If married filing separately, check "Married, but withhold at higher Single rate." City or town, state, and ZIP code 4 If your last name differs from that shown on your social security card, Aurora, IL 60506 check here. You must call 800-772-1213 for a replacement card. 5 Total number of allowances you're claiming (from the applicable worksheet on the following pages). . . . 4 6 Additional amount, if any, you want withheld from each paycheck . . . . . . . 6 $ -0- 7 I claim exemption from withholding for 2019, and I certify that I meet both of the following conditions for exemption. Last year I had a right to a refund of all federal income tax withheld because I had no tax liability, and . This year I expect a refund of all federal income tax withheld because I expect to have no tax liability. If you meet both conditions, write Exempt here .............. . |7|| Under penalties of perjury, I declare that I have examined this certificate and, to the best of my knowledge and belief, it is true, correct, and complete. Employee's signature (This form is not valid unless you sign it.) Alex Rodriguez 8 Employer's name and address (Employer: Complete boxes 8 and 10 if sending to IRS and complete 9 First date of 10 Employer identification boxes 8, 9, and 10 if sending to State Directory of New Hires.) employment number (EIN) 15 Date 2019 For Privacy Act and Paperwork Reduction Act Notice, see page 4. Cat. No. 102200 Form W-4 (2019)