Rachel earns $5,000 on a monthly salary. Rachel contributes 5% of her gross wages to her employer's pretax 401k plan. Rachel also has a payroll deduction for $150 for a Section 125 benefit. Rachel claims married filing jointly on her 2020 W-4. Using the percentage method, worksheet 4, calculate the amount of FIT to be withheld from her check?

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Calculating FIT Withholding for Rachel Step 1 Calculate taxable wages G... View the full answer