verlay/Index 6. Use the figure below. George Clinton works for a company that uses a percentage method to compute the income tax withheld. Clinton is single and claims one allowance. The weekly...

verlay/Index<br>6.<br>Use the figure below. George Clinton works for a company that uses a percentage<br>method to compute the income tax withheld. Clinton is single and claims one<br>allowance. The weekly withholding for each allowance is $61.54. He earns $421 a<br>week. Find the amount of income tax withheld.<br>SINGLE PERSONS-WEEKLY PAYROLL PERIOD<br>If the amount of wages (after<br>subtracting withholding allowances) is: withheld shall be<br>Under $51-<br>The amount of income tax to be<br>Over -<br>But not over -<br>of excess over-<br>$51<br>S188<br>10%<br>$51<br>$188<br>$606<br>$13.70 plus 15%<br>$188<br>$606<br>$1,341<br>Clarion University of Penneyvania<br>$76.40 plus 25%<br>$606<br>OA $25.72<br>B $39.42<br>OC $53.92<br>D $67.62<br>

Extracted text: verlay/Index 6. Use the figure below. George Clinton works for a company that uses a percentage method to compute the income tax withheld. Clinton is single and claims one allowance. The weekly withholding for each allowance is $61.54. He earns $421 a week. Find the amount of income tax withheld. SINGLE PERSONS-WEEKLY PAYROLL PERIOD If the amount of wages (after subtracting withholding allowances) is: withheld shall be Under $51- The amount of income tax to be Over - But not over - of excess over- $51 S188 10% $51 $188 $606 $13.70 plus 15% $188 $606 $1,341 Clarion University of Penneyvania $76.40 plus 25% $606 OA $25.72 B $39.42 OC $53.92 D $67.62

Jun 11, 2022

SOLUTION.PDF

verlay/Index 6. Use the figure below. George Clinton works for a company that uses a percentage method to compute the income tax withheld. Clinton is single and claims one allowance. The weekly...

Get Answer To This Question

Related Questions & Answers

Submit New Assignment