Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: Complete the W-4 multi-jobs worksheet (when applicable) Section 2(b), for all employees, each will use the standard deduction, and calculate the federal income tax withholding using the wage-bracket tables in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Spouse Annual Salary or Pay Frequency Federal Employee Filing Status Dependents Annual Salary Income Tax per Period L. Torabi None 2$ 41,400 Not applicable R. Beninati One Other 50,900 Not applicable G. Fisher MJ Three <17 46,560 S77600/ biweekly J. Tillman MJ Two <17 42,580 $30800/ weekly

Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: Complete the W-4 multi-jobs worksheet (when applicable) Section 2(b), for all employees, each will use the standard deduction, and calculate the federal income tax withholding using the wage-bracket tables in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Spouse Annual Salary or Pay Frequency Federal Employee Filing Status Dependents Annual Salary Income Tax per Period L. Torabi None 2$ 41,400 Not applicable R. Beninati One Other 50,900 Not applicable G. Fisher MJ Three <17 46,560 S77600/ biweekly J. Tillman MJ Two <17 42,580 $30800/ weekly

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

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 2QD

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N1. Account Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: Complete the W-4 multi-jobs worksheet (when applicable) Section 2(b), for all employees, each will use the standard deduction, and calculate the federal income tax withholding using the wage-bracket tables in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.)
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: Complete the W-4 multi-jobs worksheet (when applicable) Section 2(b), for all employees, each will use the standard deduction, and calculate the federal income tax withholding using the wage-bracket tables in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Employee L. Torabi R. Beninati G. Fisher J. Tillman Filing Status S S MJ MJ Dependents None One Other Three <17 Two <17 Annual Salary $ $ $ $ 41.400 50,900 46,560 42,580 Spouse Annual Salary or Pay Frequency Not applicable Not applicable $77600/ biweekly $30800/weekly Federal Income Tax per Period
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required:Complete the W-4 multi-jobs worksheet (when applicable) Section 2(b), for all employees, each will use the standard deduction, and calculate the federal income tax withholding using the wage-bracket tables in Appendix C. (Round your intermediate calculations and final answers to 2 decimal places.) Employee Filling Status Dependents Annual Salary Spouse Annual Salary or Pay Frequency Federal Income Tax per period Torabi S None $39,500 Not Applicable Benintati S One Other $48,500 Not Applicable Fisher MJ Three<17 $45,300 $75,600/biweekly Tillman MJ Two<17 $42000 $27,500/biweekly
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: On Form W-4, complete Step 2, the Multiple Jobs Worksheet (when applicable) to obtain the amount for Step 4(c). Calculate the federal income tax withholding using the wage-bracket tables with Forms W-4 from 2020 or later in Appendix C Note: Round your intermediate calculations and final answers to 2 decimal places. Spouse Annual Salary Federal Income Employee L. Torabi Filing Status S Dependents None Annual Salary and Pay Frequency Tax per Period $ 47,900 Not applicable R. Beninati S One Other $ 56,900 Not applicable G. Fisher MJ Three <17 $ 28,000 $40,000 per biweekly J. Tillman MJ Two <17 $ 34,700 $20,820 per weekly
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: On Form W-4, complete Step 2, the Multiple Jobs Worksheet (when applicable) to obtain the amount for Step 4(c). Calculate the federal income tax withholding using the wage-bracket tables with Forms W-4 from 2020 or later in Appendix C. Note: Round your intermediate calculations and final answers to 2 decimal places. Spouse Annual Salary and Pay Frequency Federal Income Tax per Period Employee L. Torabi Filing Status R. Beninati S S Dependents None Annual Salary S9 $ 50,300 Not applicable One Other $ SA 59,300 Not applicable G. Fisher MJ Three <17 $ 49,000 $70,000 per biweekly J. Tillman MJ Two <17 $ 32,500 $19,500 per weekly A
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
Moravanti Italian Imports has four employees and pays biweekly. Assume that box 2 is not checked for L. Torabi and R. Beninati and is checked for G. Fisher and J. Tillman. Required: On Form W-4, complete Step 2, the Multiple Jobs Worksheet (when applicable) to obtain the amount for Step 4(c). Calculate the federal income tax withholding using the wage-bracket tables with Forms W-4 from 2020 or later in Appendix C Note: Round your intermediate calculations and final answers to 2 decimal places. Employee L Torabit Filing Status S Dependents None Annual Salary Spouse Annual Salary and Pay Frequency Federal Income Tax per Period $ 50,900 Not applicable R. Beninat S One Other $ 59,900 Not applicable G. Fisher MJ Three <17 $ 21,000 $30,000 per biweekly J. Tillman MJ Two <17 $ 31,950 $19,170 per weekly
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. 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
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 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
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