Ron Swift earned $1,500 last week. He is married, is paid biweekly, and claims two exemptions....
Ron Swift earned $1,500 last week. He is married, is paid biweekly, and claims two exemptions. Using the percentage method (use tables in the handbook), his income tax is
Homework Answers
ANSWER
Ron Swift Earned $1,500 last week,he is paid bi-weekly
so,number of weeks in a year =52
he is paid for 52/2 =26 weeks in a year
so, yearly earning =26 x $1500 =$39,000
Now,looking into the table his in come tax against $39,000 earning
He is married =$106.04
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