Question: Problem 9-3 Withholding Methods (LO 9.1) Sophie is a single taxpayer. For the first payroll period in July 2021, she is paid wages of $2,200

Problem 9-3 Withholding Methods (LO 9.1)

Sophie is a single taxpayer. For the first payroll period in July 2021, she is paid wages of $2,200 monthly. Sophie claims one allowance on her pre-2021 Form W-4.

Click here to access the withholding tables.

IRS Publication 15-T, Federal Income Tax Withholding Method

Pay period 2021 Allowance Amount
Weekly $ 83
Biweekly 165
Semimonthly 179
Monthly 358
Quarterly 1,075
Semiannually 2,150
Annually 4,300

Round intermediate computations and your final answer to two decimal places.

Question Content Area

a. Use the percentage method to calculate the amount of Sophie's withholding for a monthly pay period.

Sophie's withholding: $

b. Use the wage bracket method to determine the amount of Sophie's withholding for the same period.

c. Use the percentage method assuming Sophie completed a post-2019 Form W-4 and checked only the single box in Step 1(c).

d. Use the wage bracket method using the same assumptions in part c of this question.

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