or Later with Standard Withholding and $2023$ FICA rates have been used.

Example $4-1$

Justin Miah, single, is a waiter at Metro American Bar and Grill. In his first week, he earned $$350$ for $20$ hours and had $$600$ of reported tips.

Justin's employer will withhold Federal Income tax based on the total of $$950.$ Net pay is calculated by subtracting the withholding amounts from

employer paid earnings of $$350.$

Example $4-14$

To use the $2023$ Wage$-$Bracket Method Tables for Manual Payroll Systems With Forms W$-4$ From $2019$ or Earlier, follow the steps illustrated below.

Step $1$

Select the withholding table that applies to the employee's marital status and 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 number of allowances. Withhold this amount of tax.

Adrienne Huff is married and claims

$3$ allowances.

She is paid weekly at a rate of

$$840.$

Locate the appropriate wage bracket

$($see Figure $4\mathrm{.}20)$:

At least $$835$ but less than $$850$

Move across the line to the column

showing $3$ allowances.

The tax to withhold is $$31.$

taxes for the tips from this first pay in March.

Click here to access the Wage$-$Bracket Method Tables.

Round your answer to the two decimal places.

Calculate his net take$-$home pay assuming the employer withheld federal income tax $($wage$-$bracket, married, $2$ allowances$),$ social security taxes, and state income tax $(2\%).$