Morgan is paid $2,815.50 per week. What is the amount of federal income tax withheld from Morgan's paycheck under the following conditions? Assume that Morgan has only one job or that step 2 of Form W-4 is not checked. Also, her employer uses the Percentage Method Tables for Automated Systems. Use percentage method tables for automated systems.

Please find the calculation of Income Tax Withholding in Step 2 below.

Answered: Morgan is paid $2,815.50 per week. What…

FINANCIAL ACCOUNTING

10th Edition

ISBN: 9781259964947

Author: Libby

Publisher: MCG

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Question

Please Correct solution with Explanation and Do not Give image format

(Use these if the Form W-4 is from 2019 or earlier, or if the Form W-4 is
from 2020 or later and the box in Step 2 of Form W-4 is NOT checked. Also use these for
Form W-4P from any year.)
If the Adjusted Annual Wage
Amount on Worksheet 1A or the
Adjusted Annual Payment
Amount on Worksheet 1B is:
But less than
At least-
A
$0
$ 13,000
$ 33,550
$ 96,550
$ 191.150
$ 353,100
$ 444,900
$ 660,850
$0
$ 4,350
$14.625
$ 46,125
$93,425
$ 174,400
$ 220,300
$ 544,250
2022 Percentage Method Tables for Automated Payroll Systems and Withholding on Periodic Payments of Pensions and Annuities
STANDARD Withholding Rate Schedules
$0
$ 10,800
$25.450
$ 66,700
$ 99,850
$ 180,850
$ 226,750
$ 550,700
-
B
$ 13,000
$ 33,550
$ 96,550
$ 191,150
$ 353,100
$444,900
$ 660,850
The tentative
amount to
withhold is:
C
Married Filling Jointly
$ 0.00
$ 0.00
$ 2,055.00
$9,615.00
$ 30,427.00
$ 69,295.00
$98.671.00
$174.253.50
$ 10,800
$ 25,450
$ 66,700
$ 99,850
$ 180,850
$226.750
$ 550,700
Plus this
percentage-
D
Single or Married Filling Separately
$4,350
$ 14,625
$ 46,125
$ 93,425
$ 174,400
$ 220.300
$544,250
$ 0.00
$ 0.00
$ 1,027.50
$4,807.50
$15.213.50
$34,647.50
$ 49,335.50
$ 162,718.00
Head of Household
$ 0.00
$ 0.00
$ 1,465.00
$ 6,415.00
$ 13,708.00
$ 33,148.00
$ 47,836.00
$ 161,218.50
0%
10%
12%
22%
24%
32%
35%
37%
0%
10%
12%
22%
24%
32%
35%
37%
0%
10%
12%
22%
24%
32%
35%
37%
of the amount
that the
Adjusted
Annual Wage
or Payment
exceeds-
E
$0
$13,000
$33,550
$ 96,550
$ 191,150
$ 353,100
$ 444,900
$ 660,850
$0
$ 4.350
$ 14,625
$ 46,125
$93.425
$ 174,400
$ 220.300
$ 544,250
$0
$ 10,800
$ 25,450
$ 66,700
$ 99,850
$ 180,850
$ 226,750
$ 550,700
Form W-4, Step 2, Checkbox, Withholding Rate Schedules
(Use these if the Form W-4 is from 2020 or later and the box in Step 2 of
Form W-4 IS checked)
If the Adjusted Annual Wage
Amount on Worksheet 1A is:
But less than
At least-
A
$0
$ 12,950
$ 23,225
$ 54,725
$ 102,025
$ 183,000
$ 228.900
$336,875
$0
$ 6,475
$11,613
$ 27,363
$ 51,013
$ 91.500
$ 114,450
$ 276,425
$0
$9.700
$ 17,025
$ 37,650
$ 54.225
$94.725
$117.675
$ 279,650
The tentative
amount to
withhold is:
с
Married Filling Jointly
$ 0.00
$ 0.00
$ 1,027.50
$4,807.50
$ 15,213.50
$ 34,647.50
$ 49,335.50
$ 87,126.75
Single or Married Filling Separately
$ 6,475
$ 0.00
$ 0.00
$513.75
$ 11,613
$ 27,363
$ 51,013
$91,500
$ 114,450
$ 276,425
$2,403.75
$7.606.75
$17,323.75
$24.667.75
$ 81,359.00
Head of Household
B
$ 12.950
$ 23,225
$ 54,725
$ 102,025
$ 183,000
$ 228,900
$336,875
$ 9,700
$ 17.025
$ 37,650
$54.225
$ 94,725
$ 117,675
$ 279,650
$ 0.00
$ 0.00
$ 732.50
$ 3,207.50
$6,854.00
$ 16.574.00
$ 23,918.00
$ 80,609.25
Plus this
percentage-
D
0%
10%
12%
22%
24%
32%
35%
37%
0%
10%
12%
22%
24%
32%
35%
37%
0%
10%
12%
22%
24%
32%
35%
37%
of the amount
that the
Adjusted
Annual Wage
exceeds-
E
$0
$ 12,950
$23.225
$ 54,725
$ 102,025
$183,000
$ 228,900
$336,875
$0
$6,475
$ 11,613
$ 27,363
$ 51,013
$ 91,500
$ 114,450
$ 276,425
SO
$9,700
$ 17,025
$ 37,650
$ 54.225
$94.725
$ 117,675
$ 279,650

Morgan is paid $2,815.50 per week. What is the amount of federal income tax withheld from Morgan's paycheck under the following
conditions? Assume that Morgan has only one job or that step 2 of Form W-4 is not checked. Also, her employer uses the Percentage
Method Tables for Automated Systems. Use percentage method tables for automated systems.
Required:
a. Morgan is single and no dependents.
b. Morgan is married (spouse does not work) and claims two dependents who are under the age of 17.
c. Morgan is single, claims no dependents, but wants $50 in additional withholding.
Note: For all requirements, round your intermediate computations and final answers to 2 decimal places.
Answer is complete but not entirely correct.
Amount
a. Federal income tax withholdings
b. Federal income tax withholdings
c. Federal income tax withholdings
S
S
$
537.10 X
264.33✔
364.33 X

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