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Maurice Jordan's weekly salary as a motorcycle mechanic is $1,200. He is single and claims 0

allowances. How much money in federal tax is being deducted from his salary weekly? Use the
percentage method.

2 Answers

3 votes

Final answer:

To calculate the amount of money in federal tax being deducted from Maurice Jordan's salary using the percentage method, we need to know the tax brackets and rates. Assuming the tax rates for Maurice's income range from 0% to 25% with specific brackets and rates, we can determine his federal tax deduction. The federal tax being deducted from Maurice Jordan's weekly salary using the percentage method is $70.

Step-by-step explanation:

To calculate the amount of money in federal tax being deducted from Maurice Jordan's salary using the percentage method, we need to know the tax brackets and rates. Assuming that the tax rates for Maurice's income range from 0% to 25%, with specific brackets and rates, we can determine his federal tax deduction.

Given that Maurice's weekly salary is $1,200 and he claims 0 allowances, we need to determine his taxable income. Since allowances are not mentioned in the tax brackets, we can assume that the entire $1,200 is taxable.

To calculate the federal tax deduction, we need to determine the tax rate that applies to Maurice's income. Let's assume the tax rates are as follows: 0% up to $500, 10% for income between $500 and $1,000, and 20% for income above $1,000. Using these rates, Maurice's federal tax deduction would be:

First $500 taxed at 0%: $0

Next $700 (from $500 to $1,200) taxed at 10%: 0.10 * $700 = $70

No income above $1,200, so no additional tax

Therefore, the federal tax being deducted from Maurice Jordan's weekly salary using the percentage method is $70.

User Brian Tracy
by
6.2k points
3 votes

Answer:

Jessica’s friend Zachary once stated that he couldn’t understand why someone

Step-by-step explanation:

User Fakemeta
by
5.0k points
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