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

.

Table of Allowance Values for 2017

Weekly 77.90 Biweekly 155.80 Semimonthly 168.80 Monthly 337.50
Quarterly 1,012.50 Semiannual 2,025.00 Annual 4,050.00 Daily/Misc. 15.60

the Percentage Method Tables.

the Wage-Bracket Method Tables.

Amount to Be Withheld
Employee Marital Status No.of Withholding Allowances Gross Wage or Salary Percentage Method Wage-Bracket Method
Corn, A. S 2 $ 675 weekly $ $
Fogge, P. S 1 1,960 weekly NA
Felps, S. M 6 1,775 biweekly
Carson, W. M 7 2,480 semimonthly
Helm, M. M 2 5,380 monthly

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