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Question

Find the federal withholding tax for the employee. Use the wage bracket method.

Employee Gross Earnings Married? Withholding Allowances Federal Withholding Tax
Elle, M. $2416.88 monthly yes 1

Solution

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Answered 2 years ago
Answered 2 years ago

First, lets find out the federal withholding tax of Elle.M:

Gross earnings = $ 2,416.88

Withholding allowance = 1

Now, lets go to the monthly payroll table of married persons.

As, you can see in the row of wages are at least $2,400 and but not less than $2,440.

Number of holding allowance in 1st column = $84

Therefore, the federal withholding tax is $84

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