Maggie Vitteta, single, works 30 hours per week at $14 an hour. How much is taken...

Maggie Vitteta, single, works 30 hours per week at $14 an hour. How much is taken out for federal income tax with one withholding exemption? (Assume the overtime for each employee is a time-and-a-half rate after 40 hours.) (Use Table 7.1 and Table 7.2) (Round your answer to the nearest cent.)

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Expert Solution

answer:

given data,

the per week work is 30 hours,
the one hour rate is $14

to find the federal income of the tax is one withholding exemption is ....?

the First ascertain her week by week pay: 30 hours x $14 every hour = $420 net every week

the Next utilize table 7.1 to discover the retention sum for her week after week paycheck: it is $73.08

the Subtract this retention from her gross pay: $420 - $73.08 = $346.92

the now utilize table 7.2 to discover the retention sum for a solitary individual. It is in the extreme left corner. It says a solitary individual paid week by week who makes OVER $332 yet NOT OVER $721 makes good on the retention regulatory obligation measure of $16.80 in addition to 15% of any overabundance over $332.

so finally these are the probability of the given information.

orchestra answered 11 months ago

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