Step $2$

Locate the wage bracket $($the first two columns of the table$)$ in

which the employee's gross wages fall.

Locate the appropriate wage bracket $($see Figure $4\mathrm{.}7)$:

At least $$815$ but less than $$825$

Step $3$

Follow the line for the wage bracket across to the right to the

column showing the appropriate filing status with standard

withholding. Withhold this amount of tax.

The tax to withhold is $$29.$

Use $($a$)$ the percentage method and $($b$)$ the wage$-$bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Enter

all amounts as positive numbers. Round your calculations and final answers to the nearest cent.

As we go to press, the federal income tax rates for $2024$ are being determined by budget talks in Washington, and are not available for publication.

For this edition, the $2023$ federal income tax tables for Manual Systems with Forms W$-4$ From $2020$ or Later with Standard Withholding and $2023$ FICA

rates have been used.

Click here to access the Percentage Method Tables.

Click here to access the Wage$-$Bracket Method Tables.

a$.$ Use Percentage Method Tables to calculate federal income taxes withheld using filing status,

b$.$ Use Wage$-$Bracket Tables. At this point check your work by comparing parts a & b; these amounts should be very similar.