I need to know how to record the amount of federal income taxes (FIT) using the wage-bracket method (For wages paid in 2011). Please see attached for details.
Weekly $71.15 <--One Withholding Allowance© BrainMass Inc. brainmass.com June 4, 2020, 3:22 am ad1c9bdddf
You would go to pg. 38 on publication 15 from the IRS. I can't attach it here, so I will give you a link below. Look up the wages on the left. In this case, ...
This solution explains how to record the amount of federal income taxes using the wage-bracket method.