Homework SourseJanet is single and claims two allowances on her Form W4 Her
Janet is single and claims two allowances on her Form W-4. Her salary is $1,800 per month.
| a. | Use the percentage method to calculate the amount of Janet\'s withholding for a monthly pay period. |
| b. | Use the withholding tables to determine the amount of Janet\'s withholding for a monthly pay period. |
Solution
Allowance amount (monthly) $180
Number of allowances claimed x 2
Total $360
Gross wages $1800
Less: Amount from above – 360
Withholding base $1140
Withholding from percentage tables in Appendix C (($1140 – $927.00) x 15%) + $74.40 = $106.69
