10 5 points Skipped eBook References Check my work Kendall, who earned $123,600 during 2021, is paid on a monthly basis,

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10 5 points Skipped eBook References Check my work Kendall, who earned $123,600 during 2021, is paid on a monthly basis,

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10 5 Points Skipped Ebook References Check My Work Kendall Who Earned 123 600 During 2021 Is Paid On A Monthly Basis 1
10 5 Points Skipped Ebook References Check My Work Kendall Who Earned 123 600 During 2021 Is Paid On A Monthly Basis 1 (112.11 KiB) Viewed 18 times
10 5 points Skipped eBook References Check my work Kendall, who earned $123,600 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
(Use these if the Form W-4 is from 2019 or earlier, or if the Form W-4 is from 2020 or later and the box in Step 2 of Form W-4 is NOT checked) If the Adjusted Annual Wage Amount (line 2a) is: The tentative amount to Plus this percentage But less than withhold is: At least- A B с D Married Filling Jointly $ 12,200 $ 0.00 0% $ 0.00 $ 32,100 $93,250 $ 184,950 $ 342,050 $431,050 $ 640,500 $ 1,990.00 $9,328.00 $29.502.00 $ 67,206.00 10% 12% 22% 24% 32% 35% 37% $ 95,686.00 $ 168,993.50 Single or Married Filling Separately $ 3,950 $ 0.00 0% $ 13,900 $ 0.00 10% $ 995.00 $44,475 $ 90,325 $ 168,875 $213,375 $ 527,550 $ 4,664.00 $ 14,751.00 $33,603.00 12% 22% 24% 32% 35% $ 47,843.00 37% $ 157,804.25 Head of Household $ 10,200 $ 0.00 0% $ 24,400 $ 0.00 10% $ 64,400 $ 1,420.00 $ 96,550 $ 6,220.00 12% 22% 24% $ 175,100 $ 13,293.00 $ 219,600 $ 32,145.00 32% $ 533,800 $ 46,385.00 35% $0 $ 12,200 $32,100 $ 93,250 $184,950 $342,050 $ 431,050 $ 640,500 $0 $3,950 $ 13,900 $ 44,475 $ 90,325 $ 168,875 $ 213,375 $ 527,550 $0 $ 10,200 $24.400 $64.400 $ 96,550 $ 175,100 $ 219,600 of the amount that the Adjusted Annual Wage exceeds- E $0 $ 12,200 $32,100 $ 93,250 $ 184,950 $ 342,050 $431,050 $ 640,500 SO $ 3,950 $ 13,900 $44,475 $ 90,325 $ 168,875 $ 213,375 $ 527,550 $O $ 10,200 $ 24,400 $ 64,400 $ 96,550 $ 175,100 $ 219,600 (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: Plus this percentage D - The tentative amount to But less than withhold is: B с C Married Filling Jointly $ 0.00 $0.00 At least- A $ 12,550 0% 10% $ 22,500 $ 53,075 12% $98,925 $ 177,475 $ 995.00 $4,664.00 $ 14,751.00 22% 24% 32% $ 221,975 $ 33,603.00 $ 326,700 $ 47,843.00 35% 37% 0% 10% $ 84,496.75 Single or Married Filling Separately $ 6,275 $0.00 $ 11,250 $0.00 $26.538 $497.50 $49.463 $ 88,738 $ 110,988 $ 268,075 12% 22% $ 2,332.00 $7,375.50 $ 16,801.50 24% 32% 35% $ 23,921.50 $ 78,902.13 Head of Household 37% $ 9,400 0% $ 16,500 $ 36,500 $ 52,575 $91,850 $ 114,100 $0.00 $ 0.00 $710.00 $3,110.00 $6,646.50 $ 16,072.50 $ 23,192.50 10% 12% 22% 24% 32% $ 271,200 35% $0 $ 12,550 $ 22,500 $53,075 $ 98,925 $ 177,475 $ 221,975 $ 326,700 $0 $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 of the amount that the Adjusted Annual Wage exceeds- E $0 $ 12,550 $ 22,500 $ 53.075 $98,925 $ 177,475 $ 221,975 $ 326,700 $0 $ 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
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