Question
Ross is a full-time employee in Lansing, Michigan, who earns $42,000 annually, paid semimonthly. His federal income tax is $155.00. What is the maximum amount
Ross is a full-time employee in Lansing, Michigan, who earns $42,000 annually, paid semimonthly. His federal income tax is $155.00. What is the maximum amount that may be withheld from his pay for a child-support garnishment, assuming he is not in arrears? (Do not round intermediate calculations, only round final answer to two decimal points. Michigan has a 4.25% flat tax.)
A) $365.28
B) $876.68
C) $693.38
D) $584.45
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Get StartedRecommended Textbook for
Income Tax Fundamentals 2017
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
35th Edition
1305872738, 978-1337669689, 1337669687, 978-0357690796, 978-1305872738
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