Question: The primary difference between the percentage method and the wage-bracket method of withholding federal income tax is: a. they are simply different ways to calculate
The primary difference between the percentage method and the wage-bracket method of withholding federal income tax is: a. they are simply different ways to calculate tax; both consider marital status and take into account the full information from the W-4. b. the percentage method does not differentiate between married and unmarried. c. the wage-bracket method is much more complicated. d. the percentage method does not take into account the standard deduction
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
