The percentage method of withholding for federal income tax (2003) states that a single person whose weekly wages, after subtr
acting withholding allowances, are over $592, but not over $1317, shall have $74.35 plus 25% of the excess over $592 withheld. Over what range does the amount withheld vary if the weekly wages, after subtracting withholding allowances, vary from $600 to $700 inclusive?
The range that the amount withheld vary if the weekly wages, after subtracting withholding allowances, vary from $600 to $700 inclusive is: 76.35<x<101.35.
<h3>Range</h3>
Given
592<x1317
74.35+.25
Hence:
Lowest range
74.35+.25(600-592)
74.35+.25(8)
74.35+2
=76.35
Highest range
74.35+.25(700-592)
74.35+.25(108)
74.35+27
=101.35
Range
76.35<x<101.35
Therefore the range that the amount withheld vary if the weekly wages, after subtracting withholding allowances, vary from $600 to $700 inclusive is: 76.35<x<101.35.
