Question: Example 4-3 To use the wage-bracket method, follow the steps illustrated below. Step 1 Select the withholding table that applies to the Adrienne Huff is

 Example 4-3 To use the wage-bracket method, follow the steps illustrated
below. Step 1 Select the withholding table that applies to the Adrienne

Example 4-3 To use the wage-bracket method, follow the steps illustrated below. Step 1 Select the withholding table that applies to the Adrienne Huff is married and claims 3 allowances. She is paid weekly employee's marital status and pay period. 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 $821 Step 3 Follow the line for the wage bracket across to the right to the column showing the appropriate number of Move across the line to the column showing 3 allowances. allowances. Withhold this amount of tax. The tax to withhold is $35. Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each employee Enter all amounts as positive numbers. If an amount is zero, enter "O". Round interim and final answers to two decimal places. Click here to access the Table of Allowance Values Click here to access the Percentage Method Tables employee. Enter all amounts as positive numbers. If an amount is zero, enter "0". Round interim and final answers to two decimal places. Click here to access the Table of Allowance Values Click here to access the Percentage Method Tables Click here to access the Wage-Bracket Method Tables Payroll Period W = Weekly No. of S = Semimonthly Marital Withholding M Monthly Employee Status Allowances D Daily Hal Bower M w Ruth Cramden S 1 w Wage Amount to Be Withheld 1 $1,350 118 590 Gil Jones S 3 w 675 Teresa Kern M 4 M 3,100 Ruby Long M 2. M 2,730 955 Katie Luis M 8 S Susan Martin S 1 D 108 Jim Singer S 4 s 2,610 Martin Torres M 4 M 3,215 Feedback

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!