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Collin Is a Full-Time Exempt Employee in Juneau, Alaska, Who

question 21

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Collin is a full-time exempt employee in Juneau, Alaska, who earns $135,000 annually and has not yet reached the Social Security wage base. He is single with 1 withholding allowance and is paid semimonthly. He contributes 3% per pay period to his 401(k) and has pre-tax health insurance and AFLAC deductions of
$150 and $25, respectively. Collin has a child support garnishment of $300 per pay period. What is his net pay? (Use the percentage method. Do not round
Intermediate calculations. Round your final answer to 2 decimal places.)
Table 5. Percentage Method-2019 Amount for One Withholding Allowance
Federal Income tax using percentage method
One Withholding
Payroll Period Allowance
Weekly $80.80
Biweekly 161.50
Semimonthly 175.00
Monthly 350.00
Quarterly 1,050.00
Semiannually 2,100.00
Annually 4,200.00
Daily or miscellaneous (each day of the payroll period) 16.20
TABLE 3-SEMIMONTHLY Payroll Period
(a) SINGLE person (including head of household) - (b) MARRIED person-
If the amount of wages (after If the amount of wages (after
Subtracting withholding subtracting withholding
Allowances) is: The amount of income tax to withhold is: allowances) is: The amount of income tax to withhold is
Not over $158...... $0 Not over $492...... $0
Over- But not over- of excess over- Over- But not over- of excess ov
$ 158 −$ 563 $ 0.00 plus 10% −$ 158 $ 492 -$ 1,300 $ 0.00 plus 10%
$ 563 −$ 1,803 $ 40.50 plus 12% −$ 563 $ 1,300 -$ 3,781 $ 80.80 plus 12%
$ 1,803 −$ 3,667 $ 189.30 plus 22% −$ 1,803 $ 3,781 -$ 7,508 $ 378.52 plus 22%
$ 3,667 −$ 6,885 $ 599.38 plus 24% −$ 3,667 $ 7,508 -$ 13,885 $ 1,198.46 plus 24%
$ 6,885 −$ 8,663 $ 1,364.50 plus 32% −$ 6,885 $ 13,885 -$ 17,500 $ 2,728.94 plus 32%
$ 8,663 −$ 21,421 $ 1,943.06 plus 35% −$ 8,663 $ 17,500 -$ 26,006 $ 3885.74 plus 35%
$ 21,421 $ 6,408.36 plus 37% −$ 21,421 $ 26,006 $ 6,862.84 plus 37%


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