What is the correct answer for the red Xs?

For each employee listed, use both the wage-bracket method and the percentage method to calculate federal income tax withholding for an employee who has submitted a pre-2020 Form W-4. Refer to Federal Tax Tables in Appendix A of your textbook. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. Publication 15-T (2020) 1: Thomas Fortuna (married; 4 federal withholding allowances) earned weekly gross pay of $755. For each period, he makes a 401(k) retirement plan contribution of 9.5% of gross pay. Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 12.00 7.07 2: Barbara Houlihan (single; 1 federal withholding allowance) earned daily gross pay of $330. For each period, she makes a 401(k) contribution of 11% of gross pay. 41.00 Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 41.48 3: Marcus Xavier (married; 5 federal withholding allowances) earned monthly gross pay of $3,640. He participates in a flexible spending account, to which he contributes $205 during the period. Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 67.00 45.44 x For each employee listed, use both the wage-bracket method and the percentage method to calculate federal income tax withholding for an employee who has submitted a pre-2020 Form W-4. Refer to Federal Tax Tables in Appendix A of your textbook. NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation. Publication 15-T (2020) 1: Thomas Fortuna (married; 4 federal withholding allowances) earned weekly gross pay of $755. For each period, he makes a 401(k) retirement plan contribution of 9.5% of gross pay. Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 12.00 7.07 2: Barbara Houlihan (single; 1 federal withholding allowance) earned daily gross pay of $330. For each period, she makes a 401(k) contribution of 11% of gross pay. 41.00 Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 41.48 3: Marcus Xavier (married; 5 federal withholding allowances) earned monthly gross pay of $3,640. He participates in a flexible spending account, to which he contributes $205 during the period. Using wage-bracket method: Federal income tax withholding = $ Using percentage method: Federal income tax withholding = $ 67.00 45.44 x