1 eBook Example 4-3 To use the wage-bracket method for Manual Payroll Systems With Forms...

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1 eBook Example 4-3 To use the wage-bracket method for Manual Payroll Systems With Forms W-4 From 2020 or Later using Standard Withholding, follow the steps illustrated below. Step 1 Select the withholding table that applies to the employee's pay period - Adrienne Huff is married filing jointly (MF). She is paid weekly at a rate of $815. Step 2 Locate the wage bracket (the first two columns of the table) in which the employee's gross wages fall. Locate the appropriate wage bracket (see Figure 4.7): At least $810 but less than $820 Step 3 Follow the line for the wage bracket across to the right to the column showing the appropriate filing status with standard withholding. Withhold this amount of tax. Move across the line to the column showing Married Filing Jointly, Standard withholding, The tax to withhold is $34. Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each employee. Enter all amounts as positive numbers. If an amount is zero, enter "O". Round interim calculations to two decimals and use in subsequent computations. Round final answer to two decimal places. Aw nA to nece tha foderal income tavrator for 1071 aro haina datorminad hu hudant talles in Wachinaton and not available for eBook we wages paiealinenuproyee. Eller allanma postuve Tumvers. Haramount is zero, enerRUUTU MercaICUTALIVIISULWU the wayes , decimals and use in subsequent computations. Round final answer to two decimal places. As we go to press, the federal income tax rates for 2021 are being determined by budget talks in Washington and not available for publication. For this edition, the 2020 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2020 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. No. of Filing Withholding Status Allowances Payroll Period W = Weekly S = Semimonthly M = Monthly D = Daily Amount to Be Withheld Employee Wage Tarra James s N/A w $1,350 163.64 Mike Cramden HH N/A W 590 23.10 Jim Jones MF) N/A W 675 19.80 Joan Kern S N/A M 3,100 231.58 Mary Long HH N/A M 2,730 117.62 Cathy Luis MF) N/A S 955 0 Josie Martin HH N/A D 108 3.63 Terri Singer N/A S 2,500 260.84 Shelby Torres HH N/A M 3,215 175.82 No. of Filing Withholding Status Allowances Payroll Period W = Weekly S = Semimonthly M = Monthly D = Daily Amount to Be Withheld Employee Wage Tarra James S N/A w $1,350 $ 163.64 Mike Cramden HH N/A W 590 23.10 x Jim Jones MFJ N/A 675 19.80 x Joan Kern S N/A M 3,100 231.58 X HH N/A M 2,730 117.62 X Mary Long athy Luis Jie Martin MF) N/A S 955 07 HH N/A D 108 3.63 x Terri Singer S N/A S 2,500 260.84 X Shelby Torres HH N/A M 3,215 175.82 x Feedback

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