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The amount taken from employees biweekly paycheck is?

1) $302
2) $250
3) $400
4) Cannot be determined

1 Answer

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Final answer:

The amount taken from an employee's biweekly paycheck for taxes and deductions depends on their W-4 selections and can vary significantly, making it difficult to determine an exact amount without specific information.

Step-by-step explanation:

The amount taken from an employee’s biweekly paycheck can vary based on several factors such as the gross pay, the tax withholding rates at federal, state, and local levels, and any other deductions like health insurance or retirement plans.

For example, if you have a job that pays you $1500 every two weeks, but after taxes and deductions, you may receive $1000 in your bank account. The precise amount depends on what you indicate on your W-4 form at the start of your employment, which will affect the withholding tax during each pay period.

Care should be taken to ensure that enough taxes are withheld to avoid owing a large sum when filing your tax return. The usual weekly earnings of workers can also provide a general insight into what individuals might expect to earn before taxes are withheld.

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