Question: please help Practice, Practice, Practice We've said it before ... and we'll say it again, Practice makes perfect. Determine the federal withholding for each employee.

please help

please help Practice, Practice, Practice We've said it before ... and we'll

Practice, Practice, Practice We've said it before ... and we'll say it again, Practice makes perfect. Determine the federal withholding for each employee. Emma Thompson earns $2,202 semimonthly. She claims 4 allowances and is married. Employee: Thompson, Emma Semimonthly Earnings $2,202.00 Federal Income Tax Withholding: $ Spencer Tracy earns $2,789 monthly. He claims 2 allowances and is single. Employee: Tracy, Spencer Monthly Earnings $2,789.00 Federal Income Tax Withholding: $ Christian Bale earns $6,799.20 monthly. Additional information necessary to determine Christian's tax withholding can be found on his attached W-4 Note: Enter ALL values as positive numbers. Description Calculation 1. Determine the amount of gross wages, rounded to the nearest dollar. 2. Enter the value of the allowances based on the payroll period. tA 3. Multiply the allowance value by the employee allowances claimed X 4. Subtract allowances from gross pay, referred to as excess wages 5. Identify the correct bracket. Wages starting at $ but not over $ 6. Determine the value over the starting wage for this bracket 7. Multiply the overage by the tax rate in the table (enter as a decimal). 8. Add the bracket minimum tax. 9. Add the two amounts together, total withholding for Christian Bale

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