Mike is a single taxpayer. For the payroll period of November 2019, he is paid wages of $2,400, monthly. Mike claims three allowances on his Form W-4.

a.Use the percentage method to calculate the amount of Mike's withholding for a monthly pay period.
b.Use the withholding tables to determine the amount of Mike's withholding for the same period.

Question

Mike is a single taxpayer. For the payroll period of November 2019, he is paid wages of $2,400, monthly. Mike claims three allowances on his Form W-4.
​
a.Use the percentage method to calculate the amount of Mike's withholding for a monthly pay period.
b.Use the withholding tables to determine the amount of Mike's withholding for the same period.

Quizplus · Accepted Answer

The Answer of Mike is a single taxpayer. For the payroll period of November 2019, he is paid wages of $2,400, monthly. Mike claims three allowances on his Form W-4.
​
a.Use the percentage method to calculate the amount of Mike's withholding for a monthly pay period.
b.Use the withholding tables to determine the amount of Mike's withholding for the same period.

Mike Is a Single Taxpayer