Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withholdfrom the wages or salaries of each employee.Amount to Be WithheldPercentageMethodEmployeeRuiz, S.Flume, X.Farley, H.Comey, P.Hanks, R..MaritalStatusSSMMMNo. of WithholdingAllowances216Gross Wage or Salary$1,040 weekly2,190 weekly1,890 biweekly2,315 semimonthly.3,200 monthlyWage-BracketMethod

Wage-Bracket Method:EmployeeGross Wageor SalaryAmount to BeWithheldRuiz S. (Single)$1040…

Answered: Amount to Be Withheld Percentage…

Business

Accounting

Amount to Be Withheld Percentage Wage-Bracket Method Method

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 4PA

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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 employee.
Amount to Be Withheld
Percentage
Method
Employee
Ruiz, S.
Flume, X.
Farley, H.
Comey, P.
Hanks, R..
Marital
Status
SSMMM
No. of Withholding
Allowances
2
1
6
Gross Wage or Salary
$1,040 weekly
2,190 weekly
1,890 biweekly
2,315 semimonthly.
3,200 monthly
Wage-Bracket
Method

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