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Ron Swift earned $1,500 last week. He is married, is paid biweekly, and claims two exemptions. Using the percentage method (use tables in the handbook),
Ron Swift earned $1,500 last week. He is married, is paid biweekly, and claims two exemptions. Using the percentage method (use tables in the handbook), his income tax is:
Multiple Choice
None of these
$140.88
$109.69
$73.76
$116.40
FICA tax base:
Multiple Choice
-
Changes yearly
-
Never changes
-
None of these
-
Changes once every two years
-
Is never more than $60,000
A variable commission scale means that for different levels of net sales there are different commission rates.
True or False
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