For each employee listed, use the wage-bracket method to calculate federal income tax withholding, assuming that each has submitted a pre-2020 Form W-4. Then calculate both the state income tax withholding (assuming a state tax rate of 5.0% of taxable pay, with taxable pay being the same for federal and state income tax withholding), and the local income tax withholding. Refer to Publication 15-T. found online!!!!

NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1: Paul Bronson (single; 1 federal withholding allowance) earned weekly gross pay of $1,247. For each period, he makes a 401(k) retirement plan contribution of 10% of gross pay. The city in which he works (he lives elsewhere levies a tax of 1.5% of an employee's taxable pay (which is the same for federal and local income tax withholding) on residents, and 0.8% of an employee's taxable pay on nonresidents. Federal income tax withholding = $ State income tax withholding = $ Local income tax withholding = $

155.00

56.12

16.83

2. Stephen McPherson (married; 5 federal withholding allowances) earned weekly gross pay of $980. He participates in a flexible spending account, to which he contributes $75 during the period. The city in which he lives and works levies a tax of 2.3% of an employee's taxable pay (which is the same for federal and local income tax withholding) on residents, and 1.6% of an employee's taxable pay on nonresidents.

1. Federal income tax withholding = $ State income tax withholding = $ Local income tax withholding = $
2. 3. Tyler Howard (married; 4 federal withholding allowances earned weekly gross pay of $1,310. For each period, he makes a 403(b) retirement plan contribution of 7% of gross pay. The city in which he lives and works levies a tax of 1.4% of an employee's taxable pay (which is the same for federal and local income tax withholding) on both residents and nonresidents.
3. Federal income tax withholding= S

State income tax withholding = $

Local income tax withholding = $