Question: For each employee listed, use the wage-bracket method to calculate federal income tax withholding for an employee who has submitted a pre-2020 Form W-4. FOR
For each employee listed, use the wage-bracket method to calculate federal income tax withholding for an employee who has submitted a pre-2020 Form W-4.
FOR EACH ANSWER SHOW YOUR WORK.
- Phil McGlynn (Married; three federal withholding allowances) earned weekly gross pay of $750.
- Gary Williams (Single; one federal withholding allowance) earned biweekly gross pay of $1,920. He participates in a flexible spending account, to which he contributes $50 during the period.
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