Kendall, who earned $121,200 during 2023, is paid on a monthly basis, is married, (spouse does not work) and claims two dependents who are under the age of 17. Use the percentage method tables for automated Payroll systems with step 2 of Forms W-4 is not checked. Required: a. What is Kendall's federal tax withholding for each pay period? b. What is Kendall's FICA withholding for each pay period? Note: For all requirements, round your intermediate computations and final answers to 2 decimal places. Amount a. Federal tax withholdings $ 24,069.00 b. Total FICA withholding
Kendall, who earned $121,200 during 2023, is paid on a monthly basis, is married, (spouse does not work) and claims two dependents who are under the age of 17. Use the percentage method tables for automated Payroll systems with step 2 of Forms W-4 is not checked. Required: a. What is Kendall's federal tax withholding for each pay period? b. What is Kendall's FICA withholding for each pay period? Note: For all requirements, round your intermediate computations and final answers to 2 decimal places. Amount a. Federal tax withholdings $ 24,069.00 b. Total FICA withholding
Chapter9: Payroll, Estimated Payments, And Retirement Plans
Section: Chapter Questions
Problem 6P: Kana is a single wage earner with no dependents and taxable income of $205,000 in 2019. Her 2018...
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![Kendall, who earned $121,200 during 2023, is paid on a monthly basis, is married, (spouse does not work)
and claims two dependents who are under the age of 17. Use the percentage method tables for
automated Payroll systems with step 2 of Forms W-4 is not checked.
Required:
a. What is Kendall's federal tax withholding for each pay period?
b. What is Kendall's FICA withholding for each pay period?
Note: For all requirements, round your intermediate computations and final answers to 2 decimal
places.
a. Federal tax withholdings
b. Total FICA withholding
Amount
24,069.00](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F833227fa-6456-4698-8430-712200a97c6f%2F875c9a6a-686e-47f9-afcb-69cf449d4bdd%2Fbxmbxrg_processed.png&w=3840&q=75)
Transcribed Image Text:Kendall, who earned $121,200 during 2023, is paid on a monthly basis, is married, (spouse does not work)
and claims two dependents who are under the age of 17. Use the percentage method tables for
automated Payroll systems with step 2 of Forms W-4 is not checked.
Required:
a. What is Kendall's federal tax withholding for each pay period?
b. What is Kendall's FICA withholding for each pay period?
Note: For all requirements, round your intermediate computations and final answers to 2 decimal
places.
a. Federal tax withholdings
b. Total FICA withholding
Amount
24,069.00
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