27th Edition
WARREN + 5 others
ISBN: 9781337272094




27th Edition
WARREN + 5 others
ISBN: 9781337272094
Textbook Problem

Federal income tax withholding

Tam Worldly's weekly gross earnings for the present week were $2,000. Worldly has two exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Worldly's federal income tax withholding?

To determine

Federal income tax withholding: The amounts which the employer withheld from employees’ gross pay for the payment of the employees’ federal income tax to the government, are called as federal income tax withholding. The amount of withholdings is depends on each employee’s gross pay and W-4 allowance.

To calculate: W’s federal income tax withholding.


The amount subject to withholding is $1,850 that comes between $1,796 and $3,700 in wage bracket withholding table (refer to Exhibit 2). Hence, the amount of federal income tax withholding would be $356...

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