Use the percentage method to calculate the (a) allowance amount, (b) taxable wage, and (c) amount withheld for federal income tax using the amount of income tax to be withheld information given (show work)
13.) Bob Mound, a theatre director, is single, earns $792.02 each week, and claims 1 allowance.
According to this the amount of income tax to be withheld is $103.
Please find the 3 following things:
a) Allowance amount
b) taxable wages
c) amount withheld for federal income tax