Use the percentage method of income tax calculation to complete the payroll roster (in $).David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,848 per period, use the percentage method to find his income tax withholding each pay period. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Round your answer to the nearest cent.) $____________ EXHIBIT 9-2 Tables for Percenta ge Method of WithhdidingPercentage Method Tables for Income Tax Withholding(For Wages Paid in 20XX)(a) SINGLE person (including head of househdid-If the amount of wages(after subractingwithholding alowances) isNot aver $71.TABLE 1-WEEKLY Payroll Period(b) MARRIED person-If the amount of wagesCafter subtractingwithhdiding allowance) isThe amount of inaome taxThe amount of income taxto withhold is:to withhdid isNot over $222of excess over-Over-$222Over-of exces over-But not over-5254-S815But not over-$0.00 plus 10%$36.60 plus 12%$171.36 plus 22%$541.84 plus 24%$1.234 24 plus 32%$1,757.12 plus 35%$3, 103 57 plus 37%$71$254-$222-5588$0.00 plus 10%$18.30 plus 12%$85.62 plus 22%$271.08 plus 24%$617.16 plus 32%$878.60 plus 35%$2,898.10 plus 37%-571-5254--5588$588$8 15$1,658$3,100$3917$9,687-51,658--53,100-53,917-59,687--$1,711--53,395--56,280-57,914--$11,761-S815-51,658-53, 100-53,917-59,687$1,711$3,395$6,280$7,914$11,761--$1,711-53,395-$6,280-$7,914-S11,761TABLE 2-BWEEKLY Payroll Period(a) SINGLE person (including head of househdid-If the amount of wages(after subtractingwithholding alowances) is(b) MARRIED person-If the amount of wagesCafter subtractingwithhdiding allowance) isThe amount of income taxThe amount of incame taxto withhold is:to withhdid isNot aver $142.Not over $444of excess over-Over--5142-5509Over-of exes over-But not over--5509But not over-$142$0.00 plus 10%$36.70 plus 12%$171.34 plus 22%$541 82 plus 24%$1.234 22 plus 32%$1,757 42 plus 35%$5,795.72 plus 37%-51,177-53,421-56,790-$12,560-$15,829S0.00 plus 10%$73.30 plus 12%$342 58 plus 22%$1,083.76 plus 24%$2.468 56 plus 32%$3,514.64 plus 35%$6.206.84 plus 37%$444-5444$509$1,631$3315$6.200$7835$19.373-51,631--53,315--6,200--57835-5 19,373$1,177$3,421$6,790$12,560$15,829$23,521-$1,177-51,631-53,315-56,200-57,835-S19,373-53,421-6,790-$12.560-$15,829--S23,521-523,521TABLE 3-SEMIMONTHLY Payroll Period(b) MARRIED personIf the amount of wagesCafter subtractingwithhdiding allowance) isNot over $481(a) SINGLE person (including head of hausehdid-If the amount of wages (atersubtacting withhdidingalowanon) isThe amount of income taxThe amount of income tto withhdid isto withhold is:Not over $154s0of excess over- Over--5 154of excess over-Over-$154$551But not over--5551-51,767--53,592--$6,717-58,488-520,988$0.00 plus 10%$39.70 plus 12%$185.62 plus 22%$587.12 plus 24%$1,337.12 plus 32%$1,903 84 plus 35%$6.278 84 plus 37%But not over--51,275--53,706-57,356--S13,606-517,148-S$25,481$481$1,767$3.592$6,717S8488$20,988-5551-51,767-53,592-56,717-58,488-S20,988$1.275$3,706$7.356$13,606$17,148$25,481s0.00 plus 10%$79.40 plus 12%$371.12 plus 22%$1,174.12 plus 24%$2,674. 12 plus 32%$3,807.11 plus 35%$6,724.11 plus 37%-S481-$1.275-53,706-57,356-$13,606-$17,148-$25,481TABLE 4-MONTHLY Payroll Period(a) SINGLE person (including head of hausehdid-If the amount of wages(after subtactingwithholding alowances) is(b) MARRIED person-If the amount of wages(after subtractingwithhdiding allowances) isThe amount of income taxThe amount of incame taxb withhold is:to withhdid is:Not over $963of excess over- Over-$963Not over $308.of exes over--$963-52,550-57A13-514,713-$27 213-534,296$13,448 27 plus 37 % -550,963Over-But not over-But not over-$308$1,102$3.533$7,183$13,433$16975$41,975.-51,102-53,533--57,183-513,433-516,975-541,975$0.00 plus 10%$79.40 plus 12%$371.12 plus 22%$1,174.12 plus 24%$2,674.12 plus 32%$3,807 56 plus 35%$2,550$7,413$14,713-$13,433 $27 213-$16,975 $34,296$12,55756 plus 37% -541,975 $50,963.-5308-51, 102-53,533-57, 183-52550-57413-$14713-$27213-$34296-$50,963$000 plus 10%$158.70 plus 12%$742.26 plus 22%$234826 plus 24%$5.34526 plus 32%$7,61482 plus 35% EXHIBIT 9-1Percentage Method Amount for One Withholding AllowanceOne WithholdingAllowancePayroll PeriodWeekly .Biweekly .SemimonthlyMonthlyQuarterlySemiannuallyAnnually .Daily or miscellaneous (each day of the payrollperiod) .$79.80159.60172.90345.801,037.502,075.004,150.0016.00.... ..

Question

Use the percentage method of income tax calculation to complete the payroll roster (in $).David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,848 per period, use the percentage method to find his income tax withholding each pay period. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Round your answer to the nearest cent.) $____________ EXHIBIT 9-2 Tables for Percenta ge Method of WithhdidingPercentage Method Tables for Income Tax Withholding(For Wages Paid in 20XX)(a) SINGLE person (including head of househdid-If the amount of wages(after subractingwithholding alowances) isNot aver $71.TABLE 1-WEEKLY Payroll Period(b) MARRIED person-If the amount of wagesCafter subtractingwithhdiding allowance) isThe amount of inaome taxThe amount of income taxto withhold is:to withhdid isNot over $222of excess over-Over-$222Over-of exces over-But not over-5254-S815But not over-$0.00 plus 10%$36.60 plus 12%$171.36 plus 22%$541.84 plus 24%$1.234 24 plus 32%$1,757.12 plus 35%$3, 103 57 plus 37%$71$254-$222-5588$0.00 plus 10%$18.30 plus 12%$85.62 plus 22%$271.08 plus 24%$617.16 plus 32%$878.60 plus 35%$2,898.10 plus 37%-571-5254--5588$588$8 15$1,658$3,100$3917$9,687-51,658--53,100-53,917-59,687--$1,711--53,395--56,280-57,914--$11,761-S815-51,658-53, 100-53,917-59,687$1,711$3,395$6,280$7,914$11,761--$1,711-53,395-$6,280-$7,914-S11,761TABLE 2-BWEEKLY Payroll Period(a) SINGLE person (including head of househdid-If the amount of wages(after subtractingwithholding alowances) is(b) MARRIED person-If the amount of wagesCafter subtractingwithhdiding allowance) isThe amount of income taxThe amount of incame taxto withhold is:to withhdid isNot aver $142.Not over $444of excess over-Over--5142-5509Over-of exes over-But not over--5509But not over-$142$0.00 plus 10%$36.70 plus 12%$171.34 plus 22%$541 82 plus 24%$1.234 22 plus 32%$1,757 42 plus 35%$5,795.72 plus 37%-51,177-53,421-56,790-$12,560-$15,829S0.00 plus 10%$73.30 plus 12%$342 58 plus 22%$1,083.76 plus 24%$2.468 56 plus 32%$3,514.64 plus 35%$6.206.84 plus 37%$444-5444$509$1,631$3315$6.200$7835$19.373-51,631--53,315--6,200--57835-5 19,373$1,177$3,421$6,790$12,560$15,829$23,521-$1,177-51,631-53,315-56,200-57,835-S19,373-53,421-6,790-$12.560-$15,829--S23,521-523,521TABLE 3-SEMIMONTHLY Payroll Period(b) MARRIED personIf the amount of wagesCafter subtractingwithhdiding allowance) isNot over $481(a) SINGLE person (including head of hausehdid-If the amount of wages (atersubtacting withhdidingalowanon) isThe amount of income taxThe amount of income tto withhdid isto withhold is:Not over $154s0of excess over- Over--5 154of excess over-Over-$154$551But not over--5551-51,767--53,592--$6,717-58,488-520,988$0.00 plus 10%$39.70 plus 12%$185.62 plus 22%$587.12 plus 24%$1,337.12 plus 32%$1,903 84 plus 35%$6.278 84 plus 37%But not over--51,275--53,706-57,356--S13,606-517,148-S$25,481$481$1,767$3.592$6,717S8488$20,988-5551-51,767-53,592-56,717-58,488-S20,988$1.275$3,706$7.356$13,606$17,148$25,481s0.00 plus 10%$79.40 plus 12%$371.12 plus 22%$1,174.12 plus 24%$2,674. 12 plus 32%$3,807.11 plus 35%$6,724.11 plus 37%-S481-$1.275-53,706-57,356-$13,606-$17,148-$25,481TABLE 4-MONTHLY Payroll Period(a) SINGLE person (including head of hausehdid-If the amount of wages(after subtactingwithholding alowances) is(b) MARRIED person-If the amount of wages(after subtractingwithhdiding allowances) isThe amount of income taxThe amount of incame taxb withhold is:to withhdid is:Not over $963of excess over- Over-$963Not over $308.of exes over--$963-52,550-57A13-514,713-$27 213-534,296$13,448 27 plus 37 % -550,963Over-But not over-But not over-$308$1,102$3.533$7,183$13,433$16975$41,975.-51,102-53,533--57,183-513,433-516,975-541,975$0.00 plus 10%$79.40 plus 12%$371.12 plus 22%$1,174.12 plus 24%$2,674.12 plus 32%$3,807 56 plus 35%$2,550$7,413$14,713-$13,433 $27 213-$16,975 $34,296$12,55756 plus 37% -541,975 $50,963.-5308-51, 102-53,533-57, 183-52550-57413-$14713-$27213-$34296-$50,963$000 plus 10%$158.70 plus 12%$742.26 plus 22%$234826 plus 24%$5.34526 plus 32%$7,61482 plus 35% EXHIBIT 9-1Percentage Method Amount for One Withholding AllowanceOne WithholdingAllowancePayroll PeriodWeekly .Biweekly .SemimonthlyMonthlyQuarterlySemiannuallyAnnually .Daily or miscellaneous (each day of the payrollperiod) .$79.80159.60172.90345.801,037.502,075.004,150.0016.00.... ..

Accepted Answer

David Grange is a married person.
he is paid biweekly and earns $1,848 per period
claims 4…