Question: Payroll To use the wage-bracket method for Manual Payroll Systems With Forms W-4 From 2020 or Later using Standard Withholding, follow the steps illustrated below.

 Payroll To use the wage-bracket method for Manual Payroll Systems With

Payroll To use the wage-bracket method for Manual Payroll Systems With Forms W-4 From 2020 or Later using Standard Withholding, follow the steps illustrated below. Step 1 Adrienne Huff is married filing jointly (MFJ). She is Select the withholding table that applies to the employee's pay period. paid weekly at a rate of $815. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's Locate the appropriate wage bracket (see Figure gross wages fall. 4 .7 ) : At least $815 but less than $825 Step 3 Follow the line for the wage bracket across to the right to the column showing the Move across the line to the column showing appropriate filing status with standard withholding. Withhold this amount of tax. Married Filing Jointly, Standard withholding. The tax to withhold is $32. Ernesto Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid to each employee. If an amount is zero, enter "0". Enter all amounts as positive numbers. As we go to press, the federal income tax rates for 2023 are being determined by budget talks in Washington, and are not available for publication. For this edition, the 2022 federal income tax tables for Manual Systems with Forms W-4 from 2020 or Later with Standard Withholding and 2022 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. Payroll Period W = Weekly No. of S = Semimonthly Filing Withholding M = Monthly Amount to Be Employee Status Allowances D = Daily Wage Withheld Lily Troon MFJ N/A $1,250 Barry Ortega S N/A W 695 Pat Lopez S N/A w 915 Rex Kim MFJ N/A 3,070 Ruth Horace MFJ N/A 2,730 Mike Gleam MFJ N/A nov 3 3 1,200 Tom Abreu S N/A 115 Holly Sanchez S N/A 2,040 Kathy Nee MFJ N/A M 3,500

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