Problem 5-9B (Algo)Using the percentage method in Appendix C (or the IRS federal income tax assistant), calculate the federal withholding amounts forthe following employees. All W-4s were received in 2020, no box was checked in Step 2c and no additional information was includedin Step 4. For Abbey, enter $4,000 in Step 3a in the worksheet ($2,000 x 2 dependents). (Round your intermediate calculations andfinal answers to 2 decimal places.)FilingStatusAmount perPayFrequencyFederalIncome TaxDependentsEmployeePay PeriodL. AbbeyHHTwo dependents <17Semimonthly$4,220G. NarleskiMJNo dependentsWeekly$1,900T. LeiderNo dependentsMonthly$4,020

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Using the percentage method in Appendix C (or the IRS federal income tax assistant), calculate the federal withholding amounts for the following employees. All W-4s were received in 2020, no box was checked in Step 2c and no additional information was included in Step 4. For Abbey, enter $4,000 in Step 3a in the worksheet ($2,000 × 2 dependents). (Round your intermediate calculations and final answers to 2 decimal places.) Filing Status Pay Frequency Amount per Pay Period Federal Dependents Employee Income Tax L. Abbey HH Two dependents <17 Semimonthly $ 4,220 G. Narleski MJ No dependents Weekly $ 1,900 T. Leider No dependents Monthly $ 4,020

Using the percentage method in Appendix C (or the IRS federal income tax assistant), calculate the federal withholding amounts for the following employees. All W-4s were received in 2020, no box was checked in Step 2c and no additional information was included in Step 4. For Abbey, enter $4,000 in Step 3a in the worksheet ($2,000 × 2 dependents). (Round your intermediate calculations and final answers to 2 decimal places.) Filing Status Pay Frequency Amount per Pay Period Federal Dependents Employee Income Tax L. Abbey HH Two dependents <17 Semimonthly $ 4,220 G. Narleski MJ No dependents Weekly $ 1,900 T. Leider No dependents Monthly $ 4,020

Century 21 Accounting General Journal

11th Edition

ISBN:9781337680059

Author:Gilbertson

Publisher:Gilbertson

Chapter12: Preparing Payroll Records

Section: Chapter Questions

Problem 2AP

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