Mathematics, 04.12.2021 04:10 chrisraptorofficial
Use the tax table below to answer the following question.
A 9-column table with 7 rows is shown. Column 1 is labeled If the wages are at least with entries 720, 740, 760, 780, 800, 820, 840. Column 2 is labeled But less than with entries 740, 760, 780, 800, 820, 840, 860. Column 3 is labeled And the number of withholding allowances is 0, the amount of income tax withheld is, with entries 80, 83, 86, 89, 92, 95, 98. Column 4 is labeled And the number of withholding allowances is 1, the amount of income tax withheld is, with entries 62, 65, 68, 71, 74, 77, 80. Column 5 is labeled And the number of withholding allowances is 2, the amount of income tax withheld is, with entries 44, 47, 50, 53, 56, 59, 62. Column 6 is labeled And the number of withholding allowances is 3, the amount of income tax withheld is, with entries 26, 28, 31, 34, 37, 40, 43. Column 7 is labeled And the number of withholding allowances is 4, the amount of income tax withheld is, with entries 14, 16, 18, 20, 22, 24, 26. Column 8 is labeled And the number of withholding allowances is 5, the amount of income tax withheld is, with entries 1, 3, 5, 7, 9, 11, 13. Column 9 is labeled And the number of withholding allowances is 6, the amount of income tax withheld is, with entries 0, 0, 0, 0, 0, 0, 1.
Consider cases where the number of withholding allowances is less than 6. Which will cause the amount of federal income tax withheld to increase?
a.
Gross pay stays the same and withholding allowances increase.
b.
Gross pay increases by more than $20 and withholding allowances stay the same.
c.
Gross pay increases by more than $20 and withholding allowances increase.
d.
Gross pay decreases by more than $20 and withholding allowances stay the same.
Answers: 3
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Use the tax table below to answer the following question.
A 9-column table with 7 rows is shown. C...
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