Question: Stark is a full - time exempt employee in Little Rock, Arkansas, where his state income tax rate is 5 . 9 % . He

Stark is a full-time exempt employee in Little Rock, Arkansas, where his state income tax rate is 5.9%. He earns $46,650 annually and is paid semimonthly. He has indicated that he is married filing jointly with 2 dependents under the age of 17 on his 2024 Form W-4. He has checked the box on Step 2 of his W-4 and has $75 additional income tax per pay period. His pre-tax health insurance is $100.00 per pay period. Stark contributes 5% of his pay to his 401(k). Assuming that he has no other deductions, what is Stark's net pay for the period?
Note: Use the percentage method for the federal income tax. Do not round intermediate calculations. Round your final answer to two decimal places.
Married Filing Jointly
\table[[2024 Percentage Method Tables for Manual Payroll Systems With Forms W-4 from 2020 or Later],[SEMIMONTHLY Payroll Period],[\table[[Form W-4, Step 2, Checkbox, W],[If the Adjusted Wage Amount (line 1h) is:]],\table[[holding Rate S],[form W-4 IS]],\table[[es (Use thes],[d)]],the box in Step 2],[The tentative amount to withhold is:,Plus this percentage-,of the amount that the Adjusted Wage exceeds-],[At least-,But less than-],[A,B,C,D,E],[$ 0,$ 608,$ 0.00,0%,$ 0],[$ 608,$ 1,092,$ 0.00,10%,$ 608],[$ 1,092,$ 2,573,$ 48.40,12%,$ 1,092],[$ 2,573,$ 4,797,$ 226.12,22%,$ 2,573],[$ 4,797,$ 8,606,$ 715.40,24%,$ 4,797],[$ 8,606,$ 10,764,$ 1,629.56,32%,$ 8,606],[$ 10,764,$ 15,842,$ 2,320.12,35%,$ 10,764],[$ 15,842,,$ 4,097.42,37%,$ 15,842]]
Stark is a full - time exempt employee in Little

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