I just need the FIT

Payroll Register

For this task, each employee's federal, state, and local taxes to be withheld will be determined. When determining the federal taxes to be withheld, remember that there are some deductions that are allowed "pretax". These deductions reduce the gross earnings upon which the federal tax to be withheld is determined.

Complete the steps outlined below.

1. Refer to the SIMPLE Plan Contributions and enter each employee's SIMPLE plan deduction.
2. Determine and record the federal income taxes for each employee.
   1. Refer to each employee's marital status and number of allowances Click the link below to view the Wage-Bracket Method tables
3. Determine and record the state income taxes for each employee using the State of Pennsylvania's rate of 3.07%.
4. Determine and record the local income taxes for the Newtown Township residents at the rate of 1.0%.
5. Total each input column.

Note: Round your final answers to the cent.

Click here to access the Wage-Bracket Method Tables.

OLNEY COMPANY, INC. Employee Payroll Register For Period Ending January 8, 20--
	EARNINGS	DEDUCTIONS									NET PAY
Name	Gross	OASDI	HI	FIT	SIT	SUTA	CIT	SIMPLE	Grp. Ins.	Health Ins.	Ck. No.	Amount
Mangino, R.	$740.00	$45.88	$10.73	$	$		$	$
Flores, I.	1,058.80	65.65	15.35
Palmetto, C.	685.30	42.49	9.94
Waters, R.	1,045.35	64.81	15.16
Kroll, C.	952.00	59.02	13.80
Ruppert, C.	837.50	51.93	12.14
Scott, W.	780.00	48.36	11.31
Wickman, S.	807.69	50.08	11.71
Foley, L.	1,233.16	76.46	17.88
Olney, M.	1,500.00	93.00	21.75
Totals		$597.68	$139.77	$	$		$	$			----