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Compute the federal income taxes

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Reference no: EM13862204

Use (a) the percentage method and (b) the wage-bracket method to compute the federal income taxes to withhold from the wages or salaries of each employee. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent.


Amount to Be
Withheld



Employee


Marital
Status

No.of Withholding
Allowances


Gross Wage
or Salary


Percentage
Method


Wage-Bracket
Method

Corn, A.

S

2

   $675 weekly

Fogge, P.

S

1

  1,960 weekly

Felps, S.

M

6

  1,775 biweekly

Carson, W.

M

4

  2,480 semimonthly

Helm, M.

M

9

  5,380 monthly

Reference no: EM13862204

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