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Science220 Science220
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3 months ago
Table for Married Taxpayers
 
OverBut not over
$154$449......................10% of excess over $154
$449$1,360...................$29.50 plus 15% of excess over $449
$1,360$2,573...................$166.15 plus 25% of excess over $1,360
$2,573$3,907...................$469.40 plus 28% of excess over $2,573
$3,907$6,865...................$842.92 plus 33% of excess over $3,907
$6,865...........................................$1,819.06 plus 35% of excess over $6,865



Douglas Johnson had gross earnings of $2,350 last week. He is married and claims himself and his wife as dependents. The weekly withholding allowance for each dependent is $65.38. Using the Table for Married Taxpayers above, figure the amount that will be withheld from his paycheck for federal income tax. (Figure withholding to the nearest cent.)
Textbook 
Contemporary Business Mathematics for Colleges

Contemporary Business Mathematics for Colleges


Edition: 16th
Authors:
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latoya86latoya86
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