Question: please please answer all the questions incomplete answers will receive thumb down 1. 1. The _____ system requires income tax be paid as the income
please please answer all the questions incomplete answers will receive thumb down 1.
1.
| The _____ system requires income tax be paid as the income is earned. | ||||||||||||
| Answer:
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2.
| Where are the withholding tables used for the wage-bracket method of determining federal income withholding found? | ||||||||||||
| Answer:
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3.
| In general, when the number of withholding allowances increases for an employee who has completed a pre-2020 Form W-4, the federal income tax withholding _____. | ||||||||||||
| Answer:
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4. An employee who files as Single, is paid weekly, has one job, completed current Form W-4, and has adjusted wages of $1,100 has $_______ in federal income tax withholding when using the percentage method.
5. During a recent week, Maya Schneiderman works 46 regular hours. She earns $10.20/hour plus an overtime rate of 1.5 times her regular wage rate, and she contributes 4% of her gross pay to a 401(k) plan. Maya's taxable pay for federal income tax withholding is $______ .
6.
| _____ provide(s) funding for the federal health insurance program. | ||||||||||||
| Answer:
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