For each employee listed, use the wage-bracket method to calculate federal income tax withholding. 1:Phil McGlynn (Married;...

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Accounting

For each employee listed, use the wage-bracket method tocalculate federal income tax withholding.

1:Phil McGlynn (Married; 3 federal withholding allowances)earned weekly gross pay of $750.

Federal income tax withholding = $

2:Gary Williams (single; 1 federal withholding allowance) earnedbiweekly gross pay of $1,920. He participates in a flexiblespending account, to which he contributes $50 during theperiod.

Federal income tax withholding = $

3:Lila Downing (single; 2 federal withholding allowances) earnedmonthly gross pay of $1,285. For each period, she makes a 401(k)contribution of 8% of gross pay.

Federal income tax withholding = $

4:Billie Hall (married; 2 federal withholding allowances) earnedsemimonthly gross pay of $2,250. She participates in a cafeteriaplan, to which she contributes $250 during the period.

Federal income tax withholding =

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RefPublication 15TFederal Income Tax Withholding Methods issued by IRS2019 or Earlier 1Name of employee PhilMC Glynn Marital StatusMarried No of allowances 3 Salary 750 weekly    See Answer
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