Question: Use ( a ) the percentage method and ( b ) the wage - bracket method to compute the federal income taxes to withhold from
Use a the percentage method and b the wagebracket 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 are being determined by budget talks in Washington, and are not available for publication. For this edition, the federal income tax tables for Manual Systems with Forms W From or Later with Standard withholding and FICA rates have been used.
Click here to access the Percentage Method Tables.
Click here to access the WageBracket Method Tables.
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