Question: 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
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.
Click here to access the Table of Allowance Values.
Click here to access the Percentage Method Tables.
Click here to access the Wage-Bracket Method Tables.
Round your answer to the two decimal places. Enter all amounts as positive numbers.
| Amount to Be Withheld | ||||||
| Employee | Marital Status | No. of Withholding Allowances | Gross Wage or Salary | Percentage Method | Wage-Bracket Method | |
| Ruiz, S. | S | 2 | $1,040 | weekly | ||
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