Kendall, who earned $121,800 during 2021, is paid on a monthly basis, is married, (spouse does not work) and claims two

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Kendall, who earned $121,800 during 2021, is paid on a monthly basis, is married, (spouse does not work) and claims two

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Kendall Who Earned 121 800 During 2021 Is Paid On A Monthly Basis Is Married Spouse Does Not Work And Claims Two 1
Kendall Who Earned 121 800 During 2021 Is Paid On A Monthly Basis Is Married Spouse Does Not Work And Claims Two 1 (21.47 KiB) Viewed 13 times
Kendall Who Earned 121 800 During 2021 Is Paid On A Monthly Basis Is Married Spouse Does Not Work And Claims Two 2
Kendall Who Earned 121 800 During 2021 Is Paid On A Monthly Basis Is Married Spouse Does Not Work And Claims Two 2 (81.33 KiB) Viewed 13 times
Kendall, who earned $121,800 during 2021, is paid on a monthly basis, is married, (spouse does not work) and claims two dependents who are under the age of 17. Use the Percentage Method Tables for Automated Payroll Systems. Use percentage method tables for automated systems Required: a. What is Kendall's federal tax withholding for each pay period? b. What is Kendall's FICA withholding for each pay period? Note: For all requirements, round your intermediate computations and final answers to 2 decimal places. Amount a Federal tax withholdings b. Total FICA withholding
2021 Percentage Method Tables for Automated Payroll Systems STANDARD Withholding Rate Schedules (Use these if the Form W-t is from 2019 or earlier, or if the Form W-4 is from 2020 or later and the box in Step 2 of Foms W-4 is NOT checked) Form W-4, Step 2, Checkbox, Withholding Rate Schedules (Use these if the Form W-4 is from 2020 or later and the box in Step 2 of Form W-4 IS checked) If the Adjusted Annual Wage Amount (line 2a) is: of the amount that the Adjusted Annual Wage If the Adjusted Annual Wage Amount (line 2a) is: But less than But less than t The tentative amount to withhold is: C At least Plus this percentage D exceeds- At least- Plas this percentage D A B E A The tentative amount to withhold is: с Married Filling Jointly $0.00 $0.00 B Married Filling Jointly 50 $12,200 $0.00 0% $0.00 $0 $12.200 $32.100 $0 $ 12.550 $12.550 $22.500 $32.100 $93,250 10% $53,075 $995.00 12% $ 22.500 $53,075 $93.250 $98,925 $4,664.00 $ 12.200 $32.100 $93.250 $184.950 $ 342,050 $431,050 $640,500 $184,950 0% 10% 12% 22% 24% 32% 35% 37% $98,925 $177,475 $184,950 $342,050 $ 431.050 $ 640,500 24% $ 1,990,00 $9.328.00 $29,502.00 $ 67,206.00 $95,686.00 $168.993.50 $14,751.00 $33,603.00 $342,050 $177,475 $221.975 32% $431,050 $221.975 $326.700 35% $640,500 $326,700 $ 47,843.00 $84.496.75 Single or Married Filling Separately 37% Single or Married Filling Separately $3,950 50 $ 0.00 0% $0 $ 0.00 $ 6,275 $11.250 $3,950 $13.900 $0.00 10% $6,275 $0.00 $995.00 $11.250 50 $ 3,950 $ 13,900 $44,475 $90,325 $ 497.50 $44,475 $90.325 12% 22% $4,664.00 $ 13,900 $44,475 $90.325 $168.875 $213.375 $527,550 $26.538 $49,463 $ 88,738 $ 110,988 $ 168,875 $213,375 $ 527,550 $14,751.00 $33.603,00 $ 168,875 $ 26,538 $49,463 $ 88,738 $110.988 $268,075 24% 32% 35% 37% $2.332.00 $7.375.50 $16.801.501 $23,921.50 $ 78,902.13 $213,375 $ 268,075 $ 47,843.00 $157,804.25 Head of Household $ 527,550 Head of Household $0.00 0% 50 $0.00 $10,200 $ 24,400 50 $9,400 $10.200 $0.00 $1,420.00 $ 6,220.00 $24,400 50 $ 10,200 $24,400 $ 64,400 $96,550 $175.100 $219.000 $ 533,800 $64,400 $96.550 $175,100 $219,600 $533,800 10% 12% 22% 24% 32% 35% $64,400 $96,550 $9,400 $16.500 $36.500 $ 52,575 $91.850 $ 114,100 $ 271,200 $ 16,500 $36,500 $ 52,575 $91.850 $114,100 $13,293.00 $ 0.00 $710.00 33.110.00 $6,646.50 $ 16,072.50 $23.192.50 $78,177.50 $32,145.00 $ 175,100 $ 46,385.00. $219,600 $156,355.00 37% $533,800 $271,200 0% 10% 12% 22% 24% 32% 35% 37% 0% 10% 12% 22% 24% 32% 35% 37% of the amount that the Adjusted Annual Wage exceeds E 50 $12.550 $22.500 $53,075 $ 98,925 $177,475 $221.975 $326,700 30 $6,275 $11.250 $26.538 $49,463 $88,738 $110.988 $268,075 $0 $9.400 $ 16,500 $36,500 $ 52,575 $91,850 $ 114,100 $271,200
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