Question: Payroll 1O. Use the weekly withholding table below to answer this question. Jo married and paid weekly. On his W-4, he takes no exemptions but
Payroll 1O. Use the weekly withholding table below to answer this question. Jo married and paid weekly. On his W-4, he takes no exemptions but requests that an additional $50 of FIT be withheld each pay per June 30, his gross pay is $550. How much FIT should be withheld from John's paycheck? riod. On MARRIED Persons-WEEKLY Payroll Period For Wages Paid in 2016) If the wages are And the no. of withholding allowances claimed is- At But less 0 1 2 3 45 least than The amount of income tax to be withheld is- 500 510 34 2618 11 3 510 520 35 271912 4 520 530 540 550 39 3022 15 7 530 540 36 28 20 135 38 29 21 14 550 560 570 580 590 600 47 35 27 20 12 560 41 31 23 16 570 42 32 2417 590 45 34 26 19 11 35 26 18 9 600 610 48 37 28 21 13 610 620 50 38 29 22 14 a. $41 b. $89 c. $91 d $39 Section 7-FEDERAL EMPLOYMENT REPORTING FORMS AND DUE DATES Clara's taxable income for 2016 is $70,000. On her W-2, FUTA tax withheld is: a, 80 b. $42 . S434 d. $560 1. QuikCo's FUTA tax liability at the end of first quarter is $480, at the end of the second quarter, $100. What is the latest date that first- quarter taxes can be paid without incurring a late penalty? a. April 30 b. July 10 c. July 31 d. August 10 2. Testbank
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