Answered

IDNLearn.com connects you with a global community of knowledgeable individuals. Discover the information you need from our experienced professionals who provide accurate and reliable answers to all your questions.

Eaton Enterprises uses the wage-bracket method to determine federal income tax withholding on its employees. Find the amount to withhold from the wages paid each employee. Enter all amounts as positive numbers. If an amount is zero, enter "0". Round interim and final answers to two decimal places.

Sagot :

Abiolataiwo2015idn

The amount to withhold from the wages paid each employee is $212.84

Withholding from wages

Using percentage method

Wages $2,610

Total allow $700

(4×$175)

Amount subject to withholding $1,910

($2610-$700)

Percentage Bracket

$1,803 - $3,667

(189.30+.22 excess of 1803)

$1910-$1803= 107

($107×.22)=$23.84

Fixed amount $189.30

Withholding=($189+$23.84)

Withholding= $212.84

Inconclusion the amount to withhold from the wages paid each employee is $212.84.

Learn more about withhold from wages here:https://brainly.com/question/7297385

Your participation is crucial to us. Keep sharing your knowledge and experiences. Let's create a learning environment that is both enjoyable and beneficial. Thank you for trusting IDNLearn.com. We’re dedicated to providing accurate answers, so visit us again for more solutions.