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Wolfe Industries pays its employees on a semimonthly basis. Using the wage-bracket tables from Appendix...

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Accounting

Wolfe Industries pays its employees on a semimonthly basis. Using the wage-bracket tables from Appendix C, compute the federal income tax deductions for the following employees of Wolfe Industries: (Assume that no pre-tax deductions exist for any employee.)

Employee Marital Status No. of Exemptions Semimonthly Pay Federal Income Tax
T. Canter M 1 $1,215
M. McCollum M 5 $1,790
C. Hammond S 2 $1,455
T. Elliott S 4 $1,485

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