subject
Business, 21.04.2020 17:36 GxthGrl6612

1.Use the appropriate table to determine the amount to withhold for federal income tax from each of the following biweekly wages (biweekly withholding allowance = $161.50):
Patrick Patrone (single, 2 allowances), $925 wages $
Carson Leno (married, 4 allowances), $1,195 wages $
Carli Lintz (single, 0 allowances), $700 wages $
Gene Hartz (single, 1 allowance), $2,700 wages $
Mollie Parmer (married, 2 allowances), $3,600 wages $
Table of Allowance Values for 2019 for biweekly is $161.50
Tax table link https://cxp. cengage. com/contentservice/assets/T=1586638 861777/btpa20t/images/chapter04/Exh ibit_4-1.html

2.Calculate the amount to withhold from the following employees using the biweekly table of the percentage method.
Kenneth Karcher (single, 1 allowance = $161.50), $895 wages $
Mary Kenny (married, 2 allowances = $323.00), $1,900 wages $
Thomas Carney (single, 0 allowances), $1,460 wages $
Table of Allowance Values for 2019 for biweekly is $161.50
Tax table link https://cxp. cengage. com/contentservice/assets/T=1586638 861777/btpa20t/images/chapter04/Exh ibit_4-1.html

3.Edward Dorsey is a part-time employee, and during the biweekly pay period he earned $395. In addition, he is being paid a bonus of $300 along with his regular pay. If Dorsey is single and claims two withholding allowances, how much would be deducted from his pay for FIT?
Hint: There are two ways to determine his deduction—do not use tables for percentage method.
a. Wage-bracket table $
b. Percentage method $
Table of Allowance Values for 2019 for biweekly is $161.50

Tax table link https://cxp. cengage. com/contentservice/assets/T=1586638 861777/btpa20t/images/chapter04/Exh ibit_4-1.html

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 17:00
Problems and applications q3 suppose the demand for french bread falls. illustrate the effect this has on the market for french bread. demand supply price of french bread quantity of french bread d 1 d 2 supply producer surplus in the market for french breadincreases . illustrate the effect the quantity change in french bread has on the market for flour. demand supply price of flour quantity of flour d 1 d 2 s 1 s 2 producer surplus in the market for flour .
Answers: 1
question
Business, 22.06.2019 10:20
Blue spruce corp. has the following transactions during august of the current year. aug. 1 issues shares of common stock to investors in exchange for $10,170. 4 pays insurance in advance for 3 months, $1,720. 16 receives $710 from clients for services rendered. 27 pays the secretary $740 salary. indicate the basic analysis and the debit-credit analysis.
Answers: 1
question
Business, 22.06.2019 10:30
Which analyst position analyzes information using mathematical models to business managers make decisions? -budget analyst -management analyst -credit analyst -operations research analyst
Answers: 1
question
Business, 23.06.2019 10:00
The american dream includes home ownership. but in the last few years, it's gotten harder and harder to own a home. do you think home ownership is important to most americans today? why or why not?
Answers: 1
You know the right answer?
1.Use the appropriate table to determine the amount to withhold for federal income tax from each of...
Questions
Questions on the website: 13722363