Question
Table for Single Taxpayers Over But not over $51 $195......................10% of excess over $51 $195 $645......................$14.40 plus 15% of excess over $195 $645 $1,482...................$81.90 plus
Table for Single Taxpayers | |
Over | But not over |
$51 | $195......................10% of excess over $51 |
$195 | $645......................$14.40 plus 15% of excess over $195 |
$645 | $1,482...................$81.90 plus 25% of excess over $645 |
$1,482 | $3,131...................$291.15 plus 28% of excess over $1,482 |
$3,131 | $6,763...................$752.87 plus 33% of excess over $3,131 |
$6,763...........................................$1,951.43 plus 35% of excess over $6,763 |
Herb Becker had gross earnings of $465 last week. He is single and claims a withholding allowance for himself only. The amount of each weekly withholding allowance is $65.38. Using the Table for Single Taxpayers above, compute the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)
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