For each employee listed, use the percentage method to calculate federal income tax withholding. Refer to Appendix A, 2017 Federal Tax Tables in your…

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For each employee listed, use the percentage method to calculate federal income tax withholding. Refer to Appendix A, 2017 Federal Tax Tables in your textbook.


NOTE:

For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

1:

Tony Daniels (Married; 4 federal withholding allowances) earned weekly gross pay of $800.

Federal income tax withholding = $

2:

Mario Gonzales (married; 5 federal withholding allowances) earned biweekly gross pay of $2,025. He participates in a flexible spending account, to which he contributes $100 during the period.

Federal income tax withholding = $

3:

Angela Brown (single; 3 federal withholding allowances) earned monthly gross pay of $5,170. For each period, she makes a 401(k) contribution of 12% of gross pay.

Federal income tax withholding = $

4:

Linda Sykes (single; 1 federal withholding allowance) earned semimonthly gross pay of $2,700. She participates in a cafeteria plan, to which she contributes $150 during the period.

Federal income tax withholding = $

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