Use Wage Bracket Method Table For DEC 31, 2018. To determine the answer. TABLE 2—BIWEEKLY Payroll...

Use Wage Bracket Method Table For DEC 31, 2018. To determine the answer.

TABLE 2—BIWEEKLY Payroll Period

(a) SINGLE person (including head of household)—				(b) MARRIED person—
If the amount of wages (after subtracting withholding allowances) is:		The amount of income tax to withhold is:		If the amount of wages (after subtracting withholding allowances) is:		The amount of income tax to withhold is:
Not over $142		$0		Not over $444		$0
Over—	But not over—	of excess over—		Over—	But not over—	of excess over—
$142	—$509	$0.00 plus 10%	—$142	$444	—$1,177	$0.00 plus 10%	—$444
$509	—$1,631	$36.70 plus 12%	—$509	$1,177	—$3,421	$73.30 plus 12%	—$1,177
$1,631	—$3,315	$171.34 plus 22%	—$1,631	$3,421	—$6,790	$342.58 plus 22%	—$3,421
$3,315	—$6,200	$541.82 plus 24%	—$3,315	$6,790	—$12,560	$1,083.76 plus 24%	—$6,790
$6,200	—$7,835	$1,234.22 plus 32%	—$6,200	$12,560	—$15,829	$2,468.56 plus 32%	—$12,560
$7,835	—$19,373	$1,757.42 plus 35%	—$7,835	$15,829	—$23,521	$3,514.64 plus 35%	—$15,829
$19,373	. . .	$5,975.72 plus 37%	—$19,373	$23,521	. . .	$6,206.84 plus 37%	—$23,521
Source: Internal Revenue Service.

Use the appropriate table to determine the amount to withhold for federal income tax from each of the following biweekly wages (biweekly withholding allowance = $159.60):

Patrick Patrone (single, 2 allowances), $925 wages	$
Carson Leno (married, 4 allowances), $1,195 wages	$
Carli Lintz (single, 0 allowances), $700 wages	$
Gene Hartz (single, 1 allowance), $2,500 wages	$
Mollie Parmer (married, 2 allowances), $3,600 wages	$

Expert Solution

Table provided in the question is for Percentage method
Kindly refer to Wage bracket method tables for Bi-weekly payroll period for 2018

Patrick Patrone (single, 2 allowances), $925 wages
925 lies between 909 and 929 and look for 2 allowances
Amount to be withheld as per table=$ 47

Carson Leno (married, 4 allowances), $1,195 wages
1195 lies between 1184 and 1204 and look for 4 allowances
Amount to be withheld as per table=$ 9

Carli Lintz (single, 0 allowances), $700 wages
700 lies between 689 and 709 and look for 0 allowances
Amount to be withheld as per table=$ 59

Gene Hartz (single, 1 allowance), $2,500 wages
2500 lies between 2489 and 2509 and look for 1 allowance
Amount to be withheld as per table=$ 323

Mollie Parmer (married, 2 allowances), $3,600 wages
Since 3600 is over and above $ 3104, we have to use percentage method for withholding
Refer Table 2 (b) in the question
						$
Total wage payment						3600
Less: Withholding allowace for 2 allowances (2*159.60)						319.2
Wage subject to withholding						3280.8

3280.8 lies between 1177 and 3421 in table 2 (b)
Amount to be withheld as per table=73.30+(3280.8-1177)*12%=$ 325.76

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