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Mathematics, 26.04.2020 05:04 bigmess559
Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of the following deductions from
his gross pay:
federal tax from the following table
If the wages are - And the number of withholding allowances claimed is -
But less o 1 2 3 4 5 6 7 8 9 10+
At least
than
The amount of income tax withheld is -
720 740
44|26|14| 1ololololo
740 760
28 16 3 0 0 0 0 0
760 780 86 68 50 31 18
18 5 5 0 0 0 0
780 800 89 71 53 34 20 7 0 0 0 0 0
800 820
56 37 22 9 0 0 0 0
820
840 95 77 59 40 24 11 0 0 0 0 0
840 860 98 80 62 43 26 13 1 0 0 0 0
Social Security tax that is 6.2% of his gross pay
State tax that is 19% of his federal tax. Determine how Luis net pay will be affected if he increases his federal withholding allowances from 2 to 3.
-
-
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Answers: 2
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Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of t...
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