Question

1. Determine the amount of weekly federal income tax to be withheld using the wage bracket method. Scroll to view all tables on the page.

Gross Earning	Marital Status	Allowances	Amount
$469.90	Single	3	$

2.

Round your answer to the nearest cent.

Compute Medicare using 1.45%.

Gross Earnings	Medicare
$408.11	$

3.

Round your answer to the nearest cent.

Calculate the state income tax for the following employee using a 4.5% state income tax rate.

Employee	Earnings This Pay Period	State Income Tax Withheld
Leroy Washington	$980.85	$

4.

Place comma sign in answer as needed. Round your answer to the nearest cent.

Calculate the amount the employer must send to the IRS.

Employee's Federal Income Tax: $505.00

Employee's Social Security: $202.69

Employee's Medicare: $47.40

$

5.

Round your answer to the nearest cent.

Determine the amount of weekly federal income tax to be withheld using the percentage method.

Gross Earnings	Allowances	Marital Status	Amount
$610.00	4	Single	$

6.

Determine the amount of weekly federal income tax to be withheld using the wage bracket method. Scroll to view all tables on the page.

Gross Earning	Marital Status	Allowances	Amount
$586.97	Married	3	$

Answer 1

Answers : -

1. Wage bracket withholding percent is 10% = $469.90 × 10% = $46.99 × 3(allowances) = $140.97

2. Gross income = $408.11, medicare percentage is 1.45% = $408.11 × 1.45% = $5.92

3. Earnings = $980.85, tax withheld = 4.5%

= $980.85 × 4. 5% = $44.14

4. $755.09

5. Withholding brackets = 10%, gross earnings = $610, allowances = 4

= $610 × 10% = $61 × 4 = $244.

6. Withholding tax brackets = 10%, gross earnings = $586.97, allowances = 3

= 586.97 × 10% = 58.70 × 3 = $176.10