Fundamentals of Taxation 2011 4th Edition by Ana Cruz, Debra Prendergast, Dan Schisler, Michael Deschamps

تمرين 26

Henry received a bonus of $4,400 from his employer. Which one of the following federal income withholding tax amounts is not in accordance with IRS rules regarding supplemental wage payments? Henry earns biweekly wages of $3,500, is single, and claims one allowance. Assume his employer uses the percentage method of withholding. a. $1,285.84 on his bonus if taxes were already withheld from his regular pay.
B) $1,604.32 if his bonus and wages are paid at the same time during the pay period.
C) $1,776.32 if his bonus is taxed at the supplemental wage percent and added to his regular wages paid in the same period.
D) $1,962.16 if his bonus and wages are paid at the same time during the pay period.