Question: For each employee listed, use the wage-bracket method to calculate federal income tax withholding for an employee who has submitted a 2020 form w-4. 2.

For each employee listed, use the wage-bracket method to calculate federal income tax withholding for an employee who has submitted a 2020 form w-4.

2. Chloe Fineman files as single on her tax return and earned weekly gross pay of $920. For each period she makes a 401(k) contribution of 6% of gross pay. Chloe entered $12,000 on line 4a of form W-4 and did not enter any information in steps 2 and 3 of the form.

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