ng OnlirX+ ent-tak Bob Wolfe\'s weekly gross earnings for the present week were

Question

ng OnlirX+ ent-tak Bob Wolfe's weekly gross earnings for the present week were $2,290. Wolfe has four exemptions. Using the wage bracket withholding table below with a $63 standard withholding allowance for each exemption, what is Wolfe's federal income tax withholding? Round your answer to two decimal places Table for Percentage Method of Withholding WEEKLY Payroll Period (a) SINGLE person (including head of household)- The amount of income tax to withhold is: $0 If the amount of wages (after subtracting withholding allowances) is: Not over $51... Over- $51 $198 $653 1,533 $14.70 plus 15% $82.95 plus 25% $302.95 plus 28% $198 $653 $653 $1,533 $3,202 $1,533 $6,916 35% Next

Explanation / Answer

Wages = 2290$

According to the withholding taxes table :

Withholding tax = 302.95 + (excess over 1533 I.e. 2290- 1533)*0.28= 514.91$

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