Federal income tax to be withheld from annual bonus payments

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Reference no: EM131261537

Trowbridge Company has just completed the processing of its year-end payroll and distributed all the weekly paychecks. The payroll department is now computing the amount of the annual bonus to be given each worker. What methods may be used by the company in determining the amount of federal income taxes to be withheld from the annual bonus payments?

Reference no: EM131261537

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