Sophie is a single taxpayer. For the first payroll period in July 2020, she is paid wages of $2,200 monthly. Sophie claims one allowance on her pre-2020 Form W-4. Click here to access the withholding tables. IRS Publication 15-T, Federal Income Tax Withholding Method Pay period 2020 Allowance Amount Weekly $ 83 Biweekly 165 Semimonthly 179 Monthly 358 Quarterly 1,075 Semiannually 2,150 Annually 4,300 Round intermediate computations and your final answer to two decimal places. a. Use the percentage method to calculate the amount of Sophie's withholding for a monthly pay period. b. Use the wage bracket method to determine the amount of Sophie's withholding for the same period. c. Use the percentage method assuming Sophie completed a 2020 Form W-4 and checked only the single box in Step 1(c).
Sophie is a single taxpayer. For the first payroll period in July 2020, she is paid wages of $2,200 monthly. Sophie claims one allowance on her pre-2020 Form W-4.
Click here to access the withholding tables.
IRS Publication 15-T, Federal Income Tax Withholding Method
| Pay period | 2020 Allowance Amount | |
| Weekly | $ 83 | |
| Biweekly | 165 | |
| Semimonthly | 179 | |
| Monthly | 358 | |
| Quarterly | 1,075 | |
| Semiannually | 2,150 | |
| Annually | 4,300 |
Round intermediate computations and your final answer to two decimal places.
a. Use the percentage method to calculate the amount of Sophie's withholding for a monthly pay period.
b. Use the wage bracket method to determine the amount of Sophie's withholding for the same period.
c. Use the percentage method assuming Sophie completed a 2020 Form W-4 and checked only the single box in Step 1(c).
d. Use the wage bracket method using the same assumptions in part c of this question.
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