Question
8. In 2010, Joe Brown earned $3950 per month. He claimed three withholding allowances at $304.17 each. Because he was married and paid on a
8. In 2010, Joe Brown earned $3950 per month. He claimed three withholding allowances at
$304.17 each. Because he was married and paid on a monthly basis, his federal income tax was
determined by adding $188.00 to 15% of the taxable income over $3263. How much federal
income tax was withheld from his monthly paycheck?
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Microsoft Excel For Accounting The First Course
Authors: L Murphy Smith, Katherine Smith
1st Edition
0130085529, 978-0130085528
