Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Casey Prudhomme is married and claims 3 allowances. Prudhomme earns $1,190 biweekly. What is the amount of wages after subtracting withholding allowances (that you take

Casey Prudhomme is married and claims 3 allowances. Prudhomme earns $1,190 biweekly. What is the amount of wages after subtracting withholding allowances (that you take to the percentage of withholding tables to look up the withholding tax)?

a.$478.80

b.$159.60

c.$1,190.00

d.$711.20

2- If an employee experiences a decrease in the number of allowances that he is eligible to claim, he:

a.must furnish a new certificate (W-4) within 10 days.

b.can decide whether he wishes to amend his W-4 or not.

c.must immediately send the IRS a new W-4.

d.must furnish a new certificate on the first payroll period ending on or after the 30th day that he finds out about the decrease in withholding allowances.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Challenges In Advanced Management Accounting

Authors: The Open University

1st.0th Edition

B01D8X506Y

More Books

Students also viewed these Accounting questions