As we go to press, the federal income tax rates for 2023 are being determined by budget talks in Washington, and are not available for publication. For this edition, the 2022 federal income tax tables for Manual Systems with Forms W-4 from 2020 or Later with Standard Withholding and 2022 FICA rates have been used. Click here to access the Percentage Method Tables. Click here to access the Wage-Bracket Method Tables. Employee Lennon, A. Starr, P. McNeil, S. Harrison, W. Smythe, M. Filing Status S MFJ HH HH HH No. of Withholding Allowances N/A N/A N/A N/A N/A Gross Wage or Salary $675 weekly 1,365 weekly 1,775 biweekly 2,580 semimonthly 5,380 monthly Amount to Be Withheld Percentage Wage-Bracket Method Method 48.64 0000 3000
As we go to press, the federal income tax rates for 2023 are being determined by budget talks in Washington, and are not available for publication. For this edition, the 2022 federal income tax tables for Manual Systems with Forms W-4 from 2020 or Later with Standard Withholding and 2022 FICA rates have been used. Click here to access the Percentage Method Tables. Click here to access the Wage-Bracket Method Tables. Employee Lennon, A. Starr, P. McNeil, S. Harrison, W. Smythe, M. Filing Status S MFJ HH HH HH No. of Withholding Allowances N/A N/A N/A N/A N/A Gross Wage or Salary $675 weekly 1,365 weekly 1,775 biweekly 2,580 semimonthly 5,380 monthly Amount to Be Withheld Percentage Wage-Bracket Method Method 48.64 0000 3000
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
6
Transcribed Image Text:As we go to press, the federal income tax rates for 2023 are being determined by budget talks in Washington, and are not available
for publication. For this edition, the 2022 federal income tax tables for Manual Systems with Forms W-4 from 2020 or Later with
Standard Withholding and 2022 FICA rates have been used.
Click here to access the Percentage Method Tables.
Click here to access the Wage-Bracket Method Tables.
Employee
Lennon, A.
Starr, P.
McNeil, S.
Harrison, W.
Smythe, M.
Filing
Status
S
MFJ
HH
HH
HH
No. of
Withholding
Allowances
N/A
N/A
N/A
N/A
N/A
Gross Wage
or Salary
$675 weekly
1,365 weekly
1,775 biweekly
2,580 semimonthly
5,380 monthly
Amount to Be
Withheld
Percentage Wage-Bracket
Method
Method
48.64
0000
0000
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