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Business, 28.12.2021 17:30 uhhgray

Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of the following deductions from his gross pay: federal tax from the following table Social Security tax that is 6. 2% of his gross pay Medicare tax that is 1. 45% of his gross pay state tax that is 19% of his federal tax Determine how Luis’ net pay will be affected if he increases his federal withholding allowances from 2 to 3. A. His net pay will decrease by $19. 0. B. His net pay will increase by $19. 0. C. His net pay will decrease by $22. 61. D. His net pay will increase by $22. 61.

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Luis has a biweekly gross pay of $770 and claims 2 federal withholding allowances. Luis has all of t...
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