Mathematics, 29.10.2020 01:10, hiiliohi3823
Percentage Method Tables for Income Tax Withholding for Weekly Pay Period
(a) SINGLE person (including head of household)
of the amount of wages (after
subtracting withholding allowances) The amount of income tax
to withhold is
Not over $42
50
Over
But not over
of excess over
542
-5214 50,00 plus 10%
-$42
5214
5730 51720 plus 15%
-5214
5739
$1.732 $95.95 plus 25%
5730
$1,732 -$3.565 $344 20 plus 28
-51.732
$3.566
-$7.703 5857.72 plus 33%
-$3.500
$7,703 -57,735 $2.222.03 plus 35%
-57,703
$7,735
$2.234.13 plus 30.6% -S7.735
Alex, a gasoline station attendant, earns $420 each week. Based on the table, calculate the income tax withheld each week from
Alex's paycheck.
A)
$17.20
B)
$48.10
$63.00
D)
$80.20
Answers: 3
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Percentage Method Tables for Income Tax Withholding for Weekly Pay Period
(a) SINGLE person (includ...
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