View Full Version : Please help me
babyblue2004
Jun 10, 2012, 04:51 PM
Washburn is seeking a Sales and Marketing Coordinator with a bachelor's degree or equivalent experience, knowledgeable in Microsoft Office. This position pays $25,000 to $35,000, depending on experience. Assume a person is paid weekly and earns $32,500. Using the percentage method, what would be the taxes withheld for a married person who claims 3 exemptions?
ebaines
Jun 11, 2012, 06:49 AM
Using the percentage method, what would be the taxes withheld for a married person who claims 3 exemptions?
You can read IRS publication 15 to see how to apply the percentage method - Table 5 gives the amount to subtract for each exemption, and the tables that follow show the percentage to withhold:
Publication 15 (2012), (Circular E), Employer's Tax Guide (http://www.irs.gov/publications/p15/ar02.html#en_US_2012_publink1000254783)
Don't forget also Socicial Security and Medicare.
sharon share
Mar 8, 2013, 08:50 AM
This position pays $25,000 to $35,000, depending on experience. Assume a person is paid weekly and earns $32,500. Using the percentage method, what would be the taxes withheld for a married person who claims 3 exemptions?
ebaines
Mar 8, 2013, 09:42 AM
This position pays $25,000 to $35,000, depending on experience. Assume a person is paid weekly and earns $32,500. Using the percentage method, what would be the taxes withheld for a married person who claims 3 exemptions?
We're not going to do your homework for you. But if you read post #2 you can see how to do it. I suggest you try it, post back with your answer, and we can check it for you.