Wolfe Industries pays its employees on a semimonthly basis. Using the wage-bracket tables from Appendix...
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Accounting
Wolfe Industries pays its employees on a semimonthly basis. Using the wage-bracket tables from Appendix C, compute the federal income tax deductions for the following employees of Wolfe Industries: (Assume that no pre-tax deductions exist for any employee.)
Employee
Marital Status
No. of Exemptions
Semimonthly Pay
Federal Income Tax
T. Canter
M
1
$1,215
M. McCollum
M
5
$1,790
C. Hammond
S
2
$1,455
T. Elliott
S
4
$1,485
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