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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
Safron, I. $3128.51 monthly yes 3

Solution

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Answered 2 years ago
Answered 2 years ago

First, lets find out the federal withholding tax of Safron.I:

Gross earnings = $ 3,128.51

Withholding allowance = 3

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

As, you can see in the row of wages are at least $3,120 and but not less than $3,160.

Number of holding allowance in 3rd column = $155

Therefore, the federal withholding tax is $155

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