Question

Anita Munoz, a medical transcriber, earns an annual gross pay of
$45,520. She is married with 2 dependents. How much does her
employer withhold from her biweekly paycheck for state income tax?

Answer 1

The amount withheld from her bi-weekly paycheck after exemptions of being married and claiming 2 dependents is $85.29

Annual gross = $45,520

Exemptions:

• Married = $4000
• Two dependents = $4000

Total Exemptions = $(4000 + 4000) = $8000

Taxable amount from yearly gross = $(45520 - 8000) = $37,520

Amount taxed yearly :

(1000 × 1.5%) + (2000 × 3%) + (2000 × 4.5%) + ((37250 - 5000) × 5%) = $1791

Biweekly = 2 weeks

Number of bi-weeks in a year = (52 ÷ 2) = 21 bi-weeks

Bi-weekly tax amount can be calculated thus :

Yearly tax amount ÷ 21

($1791 ÷ 21) = $85.285

Therefore, Bi-weekly tax amount will be $85.29

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