Emma earns an annual salary of $84, 400 and is paid biweekly. Her W-4 shows "Married Filing Jointly" and that she is utilizing standard withholding. Her Form W-4 was completed in the current year with no steps indicated: $ 438.00 $326.00 $256.00 $547.00
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- Mark's gross annual salary is $78,082 with biweekly paychecks. If he is married and has 3 dependent children, compute the biweekly withholding his employer will send to the IRS. Use the following information: • Biweekly allowance: $165.38 per person. 2022 Married Person Biweekly Withholding Table Taxable Wages 50-$498 $498-$893 $893-$2,105 $2,105-$3,924 $3,924-$7,038 $7,038-$8,804 $8,804-$12,957 $12,957 or more Wages Withholding $0.00 50.00 plus 10% of amount exceeding $498 $39.50 plus 12% of amount exceeding $893 $184.94 plus 22% of amount exceeding $2,105 $585.12 plus 24% of amount exceeding $3,924 $1,332.48 plus 32% of amount exceeding $7,038 $1,897.60 plus 35% of amount exceeding $8,804 $3,351.15 plus 37% of amount exceeding $12,957 Round your answer to the nearest dollar.Devon's gross annual salary is $78,953 with biweekly paychecks. If he is single with 1 dependent child, compute the biweekly withholding his employer will send to the IRS. Use the following information: 2022 Head of Household Person Biweekly Withholding Table Taxable Wages $0-$373 $373 - $655 $655 - $1,448 $1,448 - $2,086 $2,086 - $3,643 $3,643 - $4,526 $4,526 - $10,756 $10,756 or more Biweekly allowance: $165.38 per person. Round your answer to the nearest dollar. ● Wages Withholding $0.00 $0.00 plus 10% of amount exceeding $373 $28.20 plus 12% of amount exceeding $655 $123.36 plus 22% of amount exceeding $1,448 $263.72 plus 24% of amount exceeding $2,086 $637.40 plus 32% of amount exceeding $3,643 $919.96 plus 35% of amount exceeding $4,526 $3,100.46 plus 37% of amount exceeding $10,756Fred's gross annual salary is $128,116 with biweekly paychecks. If he is single with one dependent child, compute the biweekly withholding his employer will send to the IRS. Use the following information: 2023 Head of Household Person Biweekly Withholding Table Taxable Wages $0-$842 $842-$1,479 $1,479-$3,269 $3,269 - $4,708 $4,708 - $8,225 $8,225 - $10,215 $10,215 - $24,279 $24,279 or more Biweekly allowance: $165.38 per person. Round your answer to the nearest dollar. Wages Withholding $0.00 $0.00 plus 10% of amount exceeding $842 $63.70 plus 12% of amount exceeding $1,479 $278.50 plus 22% of amount exceeding $3,269 $595.08 plus 24% of amount exceeding $4,708 $1,439.16 plus 32% of amount exceeding $8,225 $2,075.96 plus 35% of amount exceeding $10,215 $6,998.36 plus 37% of amount exceeding $24,279
- Mark's gross annual salary is $65,349 with biweekly paychecks. If he is married and has 4 dependent children, compute the biweekly withholding his employer will send to the IRS. Use the following information: • Biweekly allowance: $165.38 per person. 2023 Married Person Biweekly Withholding Table Taxable Wages $0-$1,123 $1,123 - $2,015 $2,015 - $4,750 $4,750 - $8,856 $8,856 - $15,888 $15,888 - $19,871 $19,871-$29.246 $29.246 or more Round your answer to the nearest dollar. Wages Withholding $0.00 $0.00 plus 10% of amount exceeding $1,123 $89.20 plus 12% of amount exceeding $2,015 $417.40 plus 22% of amount exceeding $4,750 $1,320.72 plus 24% of amount exceeding $8,856 $3,008.40 plus 32% of amount exceeding $15,888 $4,282.96 plus 35% of amount exceeding $19,871 $7,564.21 plus 37% of amount exceeding $29,246[The following information applies to the questions displayed below.] Grady received $8,760 of Social Security benefits this year. Grady also reported salary and interest income this year. What amount of the benefits must Grady include in his gross income under the following five independent situations? Note: Leave no answer blank. Enter zero if applicable. d. Grady files married joint and reports salary of $44,000 and interest income of $840. Amount to be included in gross incomeHow do you calculate the following question: Emma earns an annual salary of $84,400 and is paid biweekly. Her W-4 shows "Married with 2." What is her FIT withholding?
- Bruce Miller's filing status is married filing separately, and he has earned gross pay of $3,200. Each period he makes a 403(b) contribution of 10% of gross pay and contributes $100 to a cafeteria plan. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $136,600.Social Security tax = $68.20Medicare tax = $ ****Incorrect Answer $72.85****(18) Mary Matthews made $1,150 during a biweekly pay period only social security (fully taxable) and federal income taxes attach to her pay. Matthews contributes $100 each biweekly pay to her company's 401k. Determine Matthews take home pay if she is married filing jointly. (Use Wage Bracket Method) Round your answer to two decimal place.Maria Moore files as married filing jointly on her tax retum and eamed weekly gross pay of $700. For each pay period she makes a fesitle spending account Sontribution of 3% of gross pay. Maria checked box 20 on Fom W-4. entered $500 in step 3 of the form, and did not enter any information in aleo 4 of the form Federal income tax withholding S Tentative Federal Income Tax Withholding =S 96.30 106 0
- Danielle Curtain files as married filing jointly on her tax return and earned weekly gross pay of 1670. For each pay period she makes a flexible spending account contribution of 6% of gross pay. Danielle entered 500 in step 3 of Form W-4 and did not enter any information in steps 2 & 4 of the form.Federal income tax withholding = $Tentative Federal Income Tax Withholding = $Lukas Douglas' filing status is married filing separately, and he has earned gross pay of $2,100. Each period he makes a 403(b) contribution of 11% of gross pay and contributes $80 to a cafeteria plan. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $137,500.Social Security tax = Answer not $110.918Desmond Carroll's filing status is married filing separately, and he has earned gross pay of $4,120. Each period he makes a 403(b) contribution of 5% of gross pay and contributes $90 to a cafeteria plan. His current year taxable earnings for Social Security tax and Medicare tax, to date, are $97,200. Social Security tax = $ 6,020.40 Medicare tax = $ 1,309.40