Federal Income Tax WithholdingBob Browning's weekly gross earnings for the present week were $2,770. Browning has three exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Browning's federal income tax withholding? Round your answer to two decimal places.

Question
Asked Oct 26, 2019

Federal Income Tax Withholding
Bob Browning's weekly gross earnings for the present week were $2,770. Browning has three exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Browning's federal income tax withholding? Round your answer to two decimal places.

 

 

 

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Step 1

Calculate the federal incom...

Gross earnings of Bob
Standard withholding allowance
Taxable earnings
S2,770
$225 (S75*3 exemptions)
$2,545 (S2,770-S225)
Таx
Earnings considered
Tax rate
Тах
$0-$43
43
0
0
$179 ($222-$43)
$545 (S767-$222)
$1,778 ($2,545 taxable earnings
10% $17.90
15% S81.75
25% S444.50
$43-$222
$222-$767
S767 earnings considered above)
$2.454
Total
$544.15
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Gross earnings of Bob Standard withholding allowance Taxable earnings S2,770 $225 (S75*3 exemptions) $2,545 (S2,770-S225) Таx Earnings considered Tax rate Тах $0-$43 43 0 0 $179 ($222-$43) $545 (S767-$222) $1,778 ($2,545 taxable earnings 10% $17.90 15% S81.75 25% S444.50 $43-$222 $222-$767 S767 earnings considered above) $2.454 Total $544.15

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