Mike is a single taxpayer.For the payroll period of November 2018, he is paid wages of $3,400, 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 2018, he is paid wages of $3,400, 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 2018, he is paid wages of $3,400, 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