Federal Income Tax Withholding
Bob Browning’s weekly gross earnings for the present week were $2,750. Browning has three exemptions. Using the wage bracket withholding table below with a $63 standard withholding allowance for each exemption, what is Browning’s federal income tax withholding (to the nearest cent)?
Table for Percentage Method of Withholding
WEEKLY Payroll Period
(a) SINGLE person (including head of household)”
If the amount of wages (after subtracting withholding allowances) is: The amount of income tax to withhold is:
Not over $51…. $0
Over” But not over” of excess over”
$51 $198 10% $51
$198 $653 $14.70 plus 15% $198
$653 $1,533 $82.95 plus 25% $653
$1,533 $3,202 $302.95 plus 28% $1,533
$3,202 $6,916 $770.27 plus 33% $3,202
$6,916 ….. $1,995.89 plus 35% $6,916
$