Question
Mackenzie is a full-time employee in Austin, Texas, who earns $4,430 per month and is paid semimonthly. She is married filing jointly with one dependent
Mackenzie is a full-time employee in Austin, Texas, who earns $4,430 per month and is paid semimonthly. She is married filing jointly with one dependent under 17 and has indicated Step 2 checkbox withholding. She has a qualified health insurance deduction of $50 per pay period and contributes 3% to her 401(k), both of which are pre-tax deductions. Her additional withholding amount for step 2 is $150.75. What is her net pay?
Note: Use the wage-bracket table. Round your intermediate calculations and final answer to 2 decimal places.
2022 Wage Bracket Method Tables for Manual Payroll Systems with Forms W-4 From 2020 or Later | |||||||
SEMIMONTHLY Payroll Period | |||||||
If the Adjusted Wage Amount (line 1h) is | Married Filing Jointly | Head of Household | Single or Married Filing Separately | ||||
---|---|---|---|---|---|---|---|
At least | But less than | Standard withholding | Form W-4, Step 2, Checkbox withholding | Standard withholding | Form W-4, Step 2, Checkbox withholding | Standard withholding | Form W-4, Step 2, Checkbox withholding |
The Tentative Withholding Amount is: | |||||||
$ 1,960 | $ 1,980 | $ 90 | $ 163 | $ 127 | $ 222 | $ 163 | $ 283 |
$ 1,980 | $ 2,000 | $ 92 | $ 165 | $ 130 | $ 226 | $ 165 | $ 287 |
$ 2,000 | $ 2,020 | $ 95 | $ 168 | $ 132 | $ 231 | $ 168 | $ 292 |
$ 2,020 | $ 2,040 | $ 97 | $ 170 | $ 134 | $ 235 | $ 170 | $ 296 |
$ 2,040 | $ 2,060 | $ 99 | $ 173 | $ 137 | $ 240 | $ 173 | $ 300 |
$ 2,060 | $ 2,080 | $ 102 | $ 175 | $ 139 | $ 244 | $ 175 | $ 305 |
$ 2,080 | $ 2,100 | $ 104 | $ 177 | $ 142 | $ 248 | $ 177 | $ 309 |
$ 2,100 | $ 2,120 | $ 107 | $ 180 | $ 144 | $ 253 | $ 180 | $ 314 |
$ 2,120 | $ 2,140 | $ 109 | $ 182 | $ 146 | $ 257 | $ 182 | $ 318 |
$ 2,140 | $ 2,170 | $ 112 | $ 185 | $ 149 | $ 263 | $ 185 | $ 324 |
$ 2,170 | $ 2,200 | $ 116 | $ 189 | $ 153 | $ 269 | $ 189 | $ 331 |
$ 2,200 | $ 2,230 | $ 119 | $ 192 | $ 157 | $ 276 | $ 192 | $ 338 |
$ 2,230 | $ 2,260 | $ 123 | $ 196 | $ 160 | $ 282 | $ 196 | $ 346 |
Multiple Choice
$1,756.43
$1,605.18
$1,610.52
$1,671.63
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