Question: Could anyone help me with this problem please! Thank you eBook Show Me How Example 4-3 To use the wage-bracket method, follow the steps illustrated

 Could anyone help me with this problem please! Thank you eBook

Show Me How Example 4-3 To use the wage-bracket method, follow the

steps illustrated below. Step 1 Select the withholding table that applies to

Could anyone help me with this problem please! Thank you

eBook Show Me How Example 4-3 To use the wage-bracket method, follow the steps illustrated below. Step 1 Select the withholding table that applies to the employee's marital status and pay period. -- Adrienne Huff is married and claims 3 allowances. She is paid weekly at a rate of $815. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Locate the appropriate wage bracket (see Figure 4.7): At least $810 but less than $321 Step 3 Follow the line for the wage bracket across to the right to the column showing the appropriate number of allowances. Withhold this amount of tax. Move across the line to the column showing 3 allowances. The tax to withhold 335 Figure 1.9 The names of the employees of Hogan Thrift Shop are listed on the following payroll register . Employees are paid weekly. The marital status and the number of allowances daimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same year. Complete the payroll register for the payroll period ending December 20, 20-- the 51st weekly payday. The state income tax rate is 2 total earings, the city income tax rate is 1.5% of the total aross earnings, and the wage bracket method is used for ferter Figure 1.9 The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same all year. Complete the payroll register for the payroll period ending December 20, 20--, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the total gross earnings, and the wage-bracket method is used for federal income taxes. Hint: If wages are higher than the last amount on the appropriate wage-bracket table, the percentage method must be used. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. Click here to access the Table of Allowance Values. Click here to access the Wage-Bracket Method Tables. Click here to access the percentage Method Tables. Hogan Thrift Shop Payroll Register Deductions Hogan Thrift Shop Payroll Register FOR PERIOD ENDING December 20, 20-- Deductions (a) FICA Employee Name Marital No. of W/H Total Status Allowances Earnings (b) OASDI HI FIT (d) CIT SIT John, Matthew M 3 $2,650.00 $ $ $ 0 X 38.43 317.39 X Smith, Jennifer s 1 275.00 17.05 3.99 12 Bullen, Catherine M 0 250.00 15.50 3.63 V 3 VA Matthews, Mary S 3 320.25 19.86 4.64 V 0 X Hadt, Bonnie S 1 450.00 27.90 6.53 V Camp, Sean un 2 560.50 34.75 8.13 Wilson, Helen 1 475.50 29.48 6.89 3 un Gleason, Josie 3 890.00 55.18 12.91 Totals $5,871.25 $ $ eBook Show Me How Example 4-3 To use the wage-bracket method, follow the steps illustrated below. Step 1 Select the withholding table that applies to the employee's marital status and pay period. -- Adrienne Huff is married and claims 3 allowances. She is paid weekly at a rate of $815. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Locate the appropriate wage bracket (see Figure 4.7): At least $810 but less than $321 Step 3 Follow the line for the wage bracket across to the right to the column showing the appropriate number of allowances. Withhold this amount of tax. Move across the line to the column showing 3 allowances. The tax to withhold 335 Figure 1.9 The names of the employees of Hogan Thrift Shop are listed on the following payroll register . Employees are paid weekly. The marital status and the number of allowances daimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same year. Complete the payroll register for the payroll period ending December 20, 20-- the 51st weekly payday. The state income tax rate is 2 total earings, the city income tax rate is 1.5% of the total aross earnings, and the wage bracket method is used for ferter Figure 1.9 The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same all year. Complete the payroll register for the payroll period ending December 20, 20--, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the total gross earnings, and the wage-bracket method is used for federal income taxes. Hint: If wages are higher than the last amount on the appropriate wage-bracket table, the percentage method must be used. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. Click here to access the Table of Allowance Values. Click here to access the Wage-Bracket Method Tables. Click here to access the percentage Method Tables. Hogan Thrift Shop Payroll Register Deductions Hogan Thrift Shop Payroll Register FOR PERIOD ENDING December 20, 20-- Deductions (a) FICA Employee Name Marital No. of W/H Total Status Allowances Earnings (b) OASDI HI FIT (d) CIT SIT John, Matthew M 3 $2,650.00 $ $ $ 0 X 38.43 317.39 X Smith, Jennifer s 1 275.00 17.05 3.99 12 Bullen, Catherine M 0 250.00 15.50 3.63 V 3 VA Matthews, Mary S 3 320.25 19.86 4.64 V 0 X Hadt, Bonnie S 1 450.00 27.90 6.53 V Camp, Sean un 2 560.50 34.75 8.13 Wilson, Helen 1 475.50 29.48 6.89 3 un Gleason, Josie 3 890.00 55.18 12.91 Totals $5,871.25 $ $

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