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PROBLEM. Mary Matthews made $950 during a biweekly pay period only social security (fully taxable) and federal income taxes attach to her pay. Matthews contributes
PROBLEM. Mary Matthews made $950 during a biweekly pay period only social security (fully taxable) and federal income taxes attach to her pay. Matthews contributes $100 each biweekly pay to her company's 401k. Determine Matthews take home pay if she is married and claims 2 allowances. (Use Wage Bracket Method) ________________.
SHOW ALL work including the deductions. A deduction of HALF of the points will be deducted f you do NOT show all work and deductions.
Use the following table to calculate your answer.
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