Problem #3 Ernesto 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. Employee Filing...


Use 2020 wage-bracket tables


Problem #3<br>Ernesto Enterprises uses the wage-bracket method to determine federal income tax withholding on its<br>employees. Find the amount to withhold from the wages paid each employee.<br>Employee<br>Filing Status No. of Withholding<br>Payroll Period<br>Wage<br>Amount to Be<br>Allowances<br>w = Weekly<br>Withheld<br>S = Semimonthly<br>M= Monthly<br>D= Daily<br>Lily Troon<br>MFJ<br>N/A<br>$1,250<br>Barry Ortega<br>N/A<br>695<br>Pat Lopez<br>N/A<br>915<br>Rex Kim<br>MFJ<br>N/A<br>M<br>3,070<br>Ruth Horace<br>MFJ<br>N/A<br>M<br>2,730<br>Tom Gleam<br>MFJ<br>N/A<br>1,200<br>Tom Abreu<br>N/A<br>115<br>Holly Sanchez s<br>Kathy Nee<br>N/A<br>N/A<br>2,040<br>MFJ<br>M<br>3,500<br>

Extracted text: Problem #3 Ernesto 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. Employee Filing Status No. of Withholding Payroll Period Wage Amount to Be Allowances w = Weekly Withheld S = Semimonthly M= Monthly D= Daily Lily Troon MFJ N/A $1,250 Barry Ortega N/A 695 Pat Lopez N/A 915 Rex Kim MFJ N/A M 3,070 Ruth Horace MFJ N/A M 2,730 Tom Gleam MFJ N/A 1,200 Tom Abreu N/A 115 Holly Sanchez s Kathy Nee N/A N/A 2,040 MFJ M 3,500

Jun 09, 2022
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