Question

You earn $1,166 gross taxable income every week, and have claimed no exemptions. Assuming that you have no other sources of income, what is the amount of income tax withheld each week? a. $323 b. $337 c. $340 d. $344Please select the best answer from the choices provided

Answer 1

Answer:

C

Step-by-step explanation:

Gross taxable Income = $ 1,166

Rate of Income tax = 30%

Amount of income tax = 30 % of 1,166

                                     = $\frac{30*1166}{100}$

                                     =$339.6

                                      ≅$340

Answer 2

Answer:

$340

Step-by-step explanation: