Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to comp withholdings for the following employees of Milligan's Millworks: Assume that no pre-tax deductions exi is not checked for all employees and Manual payroll system is used. (Round your intermediate calculat decimal places. Leave no cells blank. Enter "0" wherever required.) Employee D. Balestreri Y. Milligan Filing Status Single Single Dependents Two <17 One Other Weekly Pay $ $ 845 1,233 Federal Tax

Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to comp withholdings for the following employees of Milligan's Millworks: Assume that no pre-tax deductions exi is not checked for all employees and Manual payroll system is used. (Round your intermediate calculat decimal places. Leave no cells blank. Enter "0" wherever required.) Employee D. Balestreri Y. Milligan Filing Status Single Single Dependents Two <17 One Other Weekly Pay $ $ 845 1,233 Federal Tax

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 4PA

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Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to compute the federal income tax withholdings for the following employees of Milligan's Millworks: (Assume that no pre-tax deductions exist for any employee and box 2 is not checked for all employees and Manual payroll system is used.) (Round your intermediate calculations and final answers to 2 decimal places. Leave no cells blank. Enter "0" wherever required.) Employee D. Balestreri Y. Milligan H. Curran D. Liberti Single Single Filing Status Married/Joint Head of Household Dependents Two <17 One Other Two <17, one Other One <17 GA $ SASA $ $ Weekly Pay 830 1,178 822 1,035 Federal Tax
Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to compute the federal income tax withholdings for the following employees of Milligan's Millworks: (Assume that no pre-tax deductions exist for any employee and box 2 is not checked for all employees and Manual payroll system is used.) (Round your intermediate calculations and final answers to 2 decimal places. Leave no cells blank. Enter "0" wherever required.) Employee D. Balestreri Y. Milligan H. Curran D. Liberti Single Single Filing Status Married/Joint Head of Household Dependents Two <17 One Other Two <17, one Other One <17 S $ S $ Weekly Pay 760 1,213 752 895 Federal Tax
Milligan's Millworks pays its employees weekly. Use the wage-bracket tables from Appendix C to compute the federal income tax withholdings for the following employees of Milligan's Millworks: (Assume that no pre-tax deductions exist for any employee and box 2 is not checked for all employees and Manual payroll system is used.) (Round your intermediate calculations and final answers to 2 decimal places. Leave no cells blank. Enter "0" wherever required.) Employee D. Balestren Y Milligan H. Curran D. Liberti Filing Status Single Single Married/Joint Head of Household Dependents Two <17 One Other Two <17, one Other One <17 $ $ $ $ Weekly Pay 760 5 1,213 752 $ 895 Federal Tax 0.00 0.00
Required: Milligan's Millworks pays its employees weekly. Use the wage-bracket tables with Forms W-4 from 2020 or later from Appendix C to compute the federal income tax withholdings for the following employees of Milligan's Millworks. Assume that no pre-tax deductions exist for any employee, box 2 is not checked for all employees, and a manual payroll system is used. Note: Round your intermediate calculations and final answers to 2 decimal places. Leave no cells blank. Enter "0" wherever required. Employee D. Balestreri Y. Milligan H. Curran D. Liberti Single Single Filing Status Married/Joint Head of Household Dependents Two <17 One Other Two <17, one Other One <17 $ $ $ $ Weekly Pay 880 $ 1,153 872 $ 850 Federal Tax 0.00 0.00
Required: Milligan's Millworks pays its employees weekly. Use the wage-bracket tables with Forms W-4 from 2020 or later from Appendix C to compute the federal income tax withholdings for the following employees of Milligan's Millworks. Assume that no pre-tax deductions exist for any employee, box 2 is not checked for all employees, and a manual payroll system is used. Note: Round your intermediate calculations and final answers to 2 decimal places. Leave no cells blank. Enter "0" wherever required. Employee D. Balestreri Y. Milligan H. Curran D. Liberti Filing Status Single 20 Single Married/Joint Head of Household Dependents Two <17 One Other Two <17, one Other One <17 $ $ $ $ Weekly Pay 880 1,153 $ 872 $ 850 Federal Tax 0.00 0.00
Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each employee. Enter all amounts as positive numbers. If an amount is zero, enter "0". Round interim and final answers to two decimal places. Click here to access the Wage-Bracket Method Tables. Employee Hal Bower Ruth Cramden Gil Jones Teresa Kern Ruby Long Katie Luis Susan Martin Jim Singer Martin Torres Marital Status M S S M 3 M Ση η Σ S M No. of Withholding Allowances 1 1 3 4 2 8 1 Payroll Period W = Weekly S = Semimonthly M = Monthly D = Daily W W W M M S D S M Wage $1,350 590 675 3,100 2,730 955 108 2,500 3,215 Amount to Be Withheld 000000000
Milligan's Millworks pays its employees on a weekly basis. Using the Wage-Bracket tables from Appendix C to compute the federal income tax withholdings for the following employees of Milligan's Millworks: (Assume that no pre-tax deductions exist for any employee and box 2 is not checked for all employees and Manual payroll system is used.) (Round your intermediate calculations and final answers to 2 decimal places.) Employee D. Balestreri Y. Milligan H. Curran D. Liberti Single Single Filing Status Married/Joint Head of Household Dependents two <17 one Other two <17, one Other One <17 Weekly Pay $ $ $ $ 845 $ 1,233 682 755 $ Federal Tax 0.00 0.00
Wynne and Associates has employees with pay schedules that vary based on job classification. Use Figure 5.4. Required: Compute the Federal income tax withholding for each employee using the percentage method in Appendix C. Assume that no pre-tax deductions exist for any employee. (Round your intermediate calculations and final answers to 2 decimal places.) Marital Status No. of Pay Exemptions Frequency Weekly Monthly Pay Amount Federal Income Tax Employee S. Turner 9. S. 4,700 S 2,371.95 D. McGorray A Kennedy 10 23,500 M. 14. Daily 1,350 R. Thomas M 0. Annually S 120,000 66F Sunn e nere to séarch %24
Prepare the general journal entry to record the employer's payroll taxes. Assume rates of 0.6 percent for federal unemployment tax and 5.4 percent for state unemployment tax based on the first $7,000 for each employee. Also assume that no employee has earned more than $7,000. If an amount box does not require an entry, leave it blank. If required, round your intermediate calculations and final answers to the nearest cent and use the rounded answers in subsequent computations.
The following salaried employees of Mountain Stone Brewery in Fort Collins, Colorado, are paid semimonthly. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay using the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix Cito determine federal income tax. Assume box 2 is not checked for any employee. Include Colorado income tax of 4.55 percent of taxable pay. No employee has exceeded the maximum FICA limit. (Round your intermediate calculations and final answers to 2 decimal places.) Employee S. Bergstrom C. Pare L. Van der Hooven S. Lightfoot Filing Status, Dependents MJ-0 MJ-2 (<17) S-1 (Other) MJ-0 Pay $ $ 1,715 3,880 $ 3,605 $ 3,230 Union Dues per Period $ $ GA Garnishment per Period $ 120 240 $ $ 50 75 100 $ $ $ $ Net Pay 1,398.35 3,117.86 2,541.37 2,760.04
Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet Find the amount to withhold from the wages paid each employee. Enter all amounts as positive numbers. If an amount is zero, enter "0". Round interim calculations to two decimals and use in subsequent computations. Round final answer to two decimal places. As we go to press, the federal income tax rates for 2022 are being determined by budget talks in Washington and not available for publication. For this edition, the 2021 federal income tax tables for Manual Systems with Forms W-4 from 2020 or later with Standard Withholding and 2020 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. Employee FilingStatus No. ofWithholdingAllowances Payroll…
Wynne and Associates has employees with pay schedules that vary based on job classification. Use Figure 5.4.Required:Compute the Federal income tax withholding for each employee using the percentage method in Appendix C. Assume that no pre-tax deductions exist for any employee. (Round your intermediate calculations and final answers to 2 decimal places.)