Question: Self-Study Problem 9.1 For 2017, John earns $3,000 per month and has three dependent children. He is divorced and claims five allowances on his Form

 Self-Study Problem 9.1 For 2017, John earns $3,000 per month and

Self-Study Problem 9.1 For 2017, John earns $3,000 per month and has three dependent children. He is divorced and claims five allowances on his Form W-4. Calculate John's withholding using: (1) percentage method and (2) wage bracket method Do not round your intermediate computations. Round your final answer to two decimal places Click here to access the withholding tables Table for Allowances Amount per Circular E Payperiod Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually 1. The percentage method 2017 Allowance Amount $ 77.90 155.80 168.80 337.50 1,012.50 2,025.00 4,050.00 2. The wage bracket method

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