Answer:
FEDERAL INCOME TAX
Employers are required by law to withhold a certain amount of your pay for federal income tax (FIT). The Internal Revenue Service provides employers with tables that show how much money to withhold.
The amount withheld depends on your income, marital status, and withholding allowances. You may claim 1 allowance for yourself and 1 for your spouse if you are married. You may claim additional allowances for any others you support.
Use the tax tables in the chapter 02 folder to help you with these problems.
1. Beverly Hibbs earns $325.00 a week. She is single and claims 2 allowances.
What amount is withheld weekly for federal income tax?18
2. Sing-Chi Fong earns $415.00 a week. He is married and claims 3 allowances.
What amount is withheld weekly for federal income tax?12
3. Rebecca David earns $427.50 per week as manager at Marlin Department Sto
