Yes, @mthollyboro. I'd like to provide some information on how FIT payroll tax is determined.
Using the data from an employee's completed W-4 and the number of pay periods in a year, the Federal Income Tax (FIT) is computed. This yearly wage is then multiplied by the number of taxable gross wages. Deducting the amount of the allowed allowances.
I'll also attach these helpful modules to understand more about payroll types and how to handle year-end payroll works: