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  • Jun 10, 2012, 04:51 PM
    babyblue2004
    Please help me
    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?
  • Jun 11, 2012, 06:49 AM
    ebaines
    Quote:

    Originally Posted by babyblue2004 View Post
    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

    Don't forget also Socicial Security and Medicare.
  • Mar 8, 2013, 08:50 AM
    sharon share
    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?
  • Mar 8, 2013, 09:42 AM
    ebaines
    Quote:

    Originally Posted by sharon share View Post
    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.

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