A single person earns a gross biweekly salary of $780 and claims 6 exemptions.  What is the person's net pay?
a.
It is the same as the gross pay.
b.
It is $11 more than the gross pay.
c.
It is $11 less than the gross pay.
d.
It is $13 less than the gross pay

Respuesta :

Louli

Answer:

A. It is the same as the gross pay.

Explanation:

To get the amount of income tax withheld, we use the table attached.

We are given that:

1- This biweekly gross salary is $780, therefore, we will go to the row having a minimum payment of $780 (red border)

2- The number of claimed allowances is 6, therefore, we will go to the column with 6 claimed allowances (blue border)

We now find the intersection between the row and the column. As we can see in the table, it is zero.

This means that the deducted taxes based on the givens is zero which means that the net pay is the same as the gross pay.

Hope this helps :)

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