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Bas_tet [7]
2 years ago
11

David Grange is married and claims 4 withholding allowances. If he is paid biweekly and earns $1,846 per period, use the percent

age method to find his income tax withholding each pay period.
Business
1 answer:
Trava [24]2 years ago
7 0

Answer: $74.60

Explanation:

For people who are paid biweekly, 1 withholding allowance = $161.5

4 withholding allowances = $646

Earnings after deducting withholding allowance = $1,846 - $646

Earnings after deducting withholding allowance = $1,200

For a married person who is paid biweekly, the percentage applicable to David's pay bracket is 10% on the amount over the $454

That is, 10% on $746 ($1200 - $454)

=$74.60

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Explanation:

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