Tim worker estimates his taxable income will be $7000. he is paid twice a month or 24 times a year. because tim has only one source of income, he uses the tax tables to estimate how much will be deducted from his pay for withholding

Tim pays $29.16 each time and per month he pays $58.32.

Step-By-Step Explanation:

Tim's taxable income is $7000.

According to default tax table, people who earn under $10,000 has to pay 10% in taxes.

This means that:

Tim's taxes will be = 0.1 * 7000 = $700

Now, as given, he pays twice a month. This means that he pays 24 times a year.

Therefore this is

Hence, Tim pays $29.16 each time or 29.16*2= $58.32 per month.

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step-by-step explanation: