Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent. Table of Allowance Values for 2019   Weekly 80.80 Biweekly 161.50 Semimonthly 175.00 Monthly 350.00 Quarterly 1,050.00 Semiannual 2,100.00 Annual 4,200.00 Daily/Misc. 16.20   Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent.   Employee No. Employee Name Marital Status No. of Withholding Allowances Gross Wage or Salary Amount to Be Withheld 1 Amoroso, A. M 0 $1,610 weekly $ 2 Finley, R. S 0 825 biweekly   3 Gluck, E. S 2 9,630 quarterly   4 Quinn, S. M 8 925 semimonthly   5 Treave, Y. S 2 2,875 monthly

College Accounting, Chapters 1-27
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Author:HEINTZ, James A.
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Chapter8: Payroll Accounting: Employee Earnings And Deductions
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Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent.

Table of Allowance Values for 2019

 
Weekly 80.80 Biweekly 161.50 Semimonthly 175.00 Monthly 350.00
Quarterly 1,050.00 Semiannual 2,100.00 Annual 4,200.00 Daily/Misc. 16.20
 

Use the percentage method to compute the federal income taxes to withhold from the wages or salaries of each employee. If an amount is zero, enter "0". Round your calculations and final answers to the nearest cent.

 


Employee
No.

Employee Name

Marital
Status
No. of Withholding
Allowances

Gross Wage
or Salary

Amount to Be
Withheld
1 Amoroso, A. M 0 $1,610 weekly $
2 Finley, R. S 0 825 biweekly  
3 Gluck, E. S 2 9,630 quarterly  
4 Quinn, S. M 8 925 semimonthly  
5 Treave, Y. S 2 2,875 monthly  
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