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Ann [662]
1 year ago
12

Note: Use the Tax Tables to calculate the answers to the problems listed.

Business
1 answer:
kkurt [141]1 year ago
5 0

Answer:

  1. $104.50
  2. $67.50
  3. $65.50
  4. $77.50
  5. $56.50

Explanation:

the income tax to withhold from the biweekly wages are :

  • <u> </u><u>Karen Overton (single, 0 allowances), $900 wages</u>

=$34.90 + ($900 - 436) x 15%

= $104.50

  • <u> Nancy Haller (married, 4 allowances), $1,000 wages </u>

=($1000 - 325 ) x 10%

= $67.50

  • <u>Alan Glasgow (married, 1 allowance), $980 wages </u>

=($980 - 325 ) x 10%

= $65.50

  • <u>Joseph Kerr (single, 4 allowances), $720 wages </u>

= $34.90 + ($720 - $436) x 15%

= $77.50

  • <u> </u><u>Ginni Lorenz (single, 1 allowance), $580 wages</u>

= $34.90 + ($580 - $436) x 15%

= $56.50

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