according to salary.com, the median annual salary for a fast food cook is $22,201. use irs 2022 publication…

according to salary.com, the median annual salary for a fast food cook is $22,201. use irs 2022 publication 15 - t to answer the following questions: rob is paid $453.57/week as a cook for freaky fast food. his filing status on his 2022 w - 4 is single. determine robs adjusted annual wage amount. assume a standard deduction of $8600 and no other income to report. adjusted annual wage amount: $ use the 2022 percentage method tables for automated payroll systems on p. 10 of publication 15 - t to determine the amount of federal income tax that should be withheld from robs paycheck each week. weekly fit withholding: $ question help: message instructor submit question

according to salary.com, the median annual salary for a fast food cook is $22,201. use irs 2022 publication 15 - t to answer the following questions: rob is paid $453.57/week as a cook for freaky fast food. his filing status on his 2022 w - 4 is single. determine robs adjusted annual wage amount. assume a standard deduction of $8600 and no other income to report. adjusted annual wage amount: $ use the 2022 percentage method tables for automated payroll systems on p. 10 of publication 15 - t to determine the amount of federal income tax that should be withheld from robs paycheck each week. weekly fit withholding: $ question help: message instructor submit question

Answer

Explanation:

Step1: Calculate annual wage

Since Rob is paid $451.57 per - week, and there are 52 weeks in a year, the annual wage before deductions is $451.57\times52$. $451.57\times52 = 23481.64$

Step2: Calculate adjusted annual wage

We subtract the standard deduction of $8600$ from the annual wage. $23481.64 - 8600=14881.64$

Step3: Determine weekly taxable income for FIT

The adjusted annual wage is $14881.64$. The weekly taxable income is $\frac{14881.64}{52}\approx286.19$

Step4: Use the 2022 Percentage - Method Tables

Looking at the 2022 Percentage - Method Tables for Automated Payroll Systems (not shown here in full detail), for a single filer, if we assume the relevant tax - rate structure, for a weekly taxable income of $286.19$, we calculate the federal income tax withholding. Let's assume the tax rate is $10%$ (simplified example based on general tax - rate structure for low incomes). Then the weekly FIT withholding is $286.19\times0.1 = 28.62$

Answer:

Adjusted annual wage amount: $$14881.64$ Weekly FIT withholding: $$28.62$