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100 points Help my grades depend on this

100 points Help my grades depend on this-example-1
User Axelfran
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2 Answers

5 votes

Hi there!


1. Find her earned income level. $1449

2. Entered the base amount. = $34.90

3. Found the amount over $1449 - $436 = $1013

4. Multiplied line 3 by 15% = $ 151.95

5. Added Lines 2 and 4 = $186.85

6. Computed her withholding would be = $186.85


Your friend, ASIAX


User Zren
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6.7k points
4 votes
she earned 1149, which is between 436 and 1506 so you would use the 2nd row for the information.

the tax rate says 15% for the amount over 436
so fist find the amount that is taxable:

1149 - 436 = 713
now multiply that amount by 0.15 ( 15% as a decimal)

713 * 0.15 = 106.95

now add the base tax to that amount for the total amount of tax:
106.95 + 34.90 = 141.85 total tax withheld


User Malhobayyeb
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5.8k points