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Karen Silva earned $7,450 this month. She is married and claims 5 allowances. Using the percentage method, how much should be withheld from her payroll
Karen Silva earned $7,450 this month. She is married and claims 5 allowances. Using the percentage method, how much should be withheld from her payroll check? Use the following information:
Allowance for one Allowance per month $345.80
Withholding for Income Tax
Over-- But not over--- of excess over
$481 $1,275 $0.00 plus 10% $481
$1,275 $3,706 $79.40 plus 12% $1,275
$3,706 $7,356 $342.58 plus 22% $3,706
$7,356 $13,606 $1,174.12 plus 24% $7,356
Question 31 options:
$732.45 | |
$785.88 | |
$787.45 | |
$793.23 |
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