Example 4-4 To use the wage-bracket method for Manual Payroll Systems With Forms W-4 From 2020 or Later using Standard Withholding, follow the steps illustrated below. Step 1 Select the withholding table that applies to the employee's pay period. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Step 3 Follow the line for the wage bracket across to the right to the column showing the appropriate filing status with standard withholding. Withhold this amount of tax. Adrienne Huff is married filing jointly (MFJ). She is paid weekly at a rate of $815. Locate the appropriate wage bracket (see Figure 4.7): At least $815 but less than $825 Move across the line to the column showing Married Filing Jointly, Standard withholding. The tax to withhold is $32. Figure 1.9 Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. If an amount is zero, enter " 0 ". been used. Click here to access the Wage-Bracket Method Tables. Click here to access the Percentage Method Tables. HoganThriftShopPayrollRegister FOR PERIOD ENDING December 20, 20-- Deductions Compute the employer's FICA taxes for the pay period ending December 20, 20--. Feedback T Check My Wark a. Using OASDI and HI rates, calculate appropriate taxes considering OASDI ceiling. b. Calculate FIT using Wage Bracket method and standard withholding whenever possible; use Percentage Method if unable to use Wage Bracket method. c. Calculate State Income tax on total earnings using rate given. d. Calculate City Income tax on total earnings using rate given. e. Calculate net pay by subtracting deductions from total earnings. f. Calculate employer's FICA taxes for OASDI and HI using taxable earnings. Consider OASDI ceiling. Example 4-4 To use the wage-bracket method for Manual Payroll Systems With Forms W-4 From 2020 or Later using Standard Withholding, follow the steps illustrated below. Step 1 Select the withholding table that applies to the employee's pay period. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Step 3 Follow the line for the wage bracket across to the right to the column showing the appropriate filing status with standard withholding. Withhold this amount of tax. Adrienne Huff is married filing jointly (MFJ). She is paid weekly at a rate of $815. Locate the appropriate wage bracket (see Figure 4.7): At least $815 but less than $825 Move across the line to the column showing Married Filing Jointly, Standard withholding. The tax to withhold is $32. Figure 1.9 Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. If an amount is zero, enter " 0 ". been used. Click here to access the Wage-Bracket Method Tables. Click here to access the Percentage Method Tables. HoganThriftShopPayrollRegister FOR PERIOD ENDING December 20, 20-- Deductions Compute the employer's FICA taxes for the pay period ending December 20, 20--. Feedback T Check My Wark a. Using OASDI and HI rates, calculate appropriate taxes considering OASDI ceiling. b. Calculate FIT using Wage Bracket method and standard withholding whenever possible; use Percentage Method if unable to use Wage Bracket method. c. Calculate State Income tax on total earnings using rate given. d. Calculate City Income tax on total earnings using rate given. e. Calculate net pay by subtracting deductions from total earnings. f. Calculate employer's FICA taxes for OASDI and HI using taxable earnings. Consider OASDI ceiling