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Morris currently makes $325 per week and takes 2 exemptions. How much more will his weekly withholding be if he takes no exemptions?

A.
$2.00

B.
$3.00

C.
$5.00

D.
$7.00

Morris currently makes $325 per week and takes 2 exemptions. How much more will his-example-1
User XMort
by
5.4k points

2 Answers

5 votes

Answer:

Option C $5.00

Explanation:

From given table, since column A showing minimum earning and column B showing maximum earning of employees. Morris currently makes salary $325 per week that is fall in range $300 - $400 in that row we see the column of 2 exemption (exemption $2.00) tax withholding amount.

Now if Morris takes no exemptions we see column 0 and row 300-400 it will be $7.00.

Hence Morris will take withholding ( $7 - $2) = $5.00

His weekly withholding is $5.00 more if he takes no exemptions.

User Stackonfire
by
6.3k points
4 votes

Answer:

C. $5.00

Explanation:

In the weekly salary range of $300–400, the withholding for 2 exemptions is $2. For 0 exemptions, it is $7.

Changing the number of exemptions from 2 to 0 will increase withholding from $2 to $7, an increase of $5.00.

User Kris Johnston
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5.8k points