Mr. Abraham, a married man, works a 40 hour work week, 48 wooks each yoor, His hourly rate of pay is $36.60 por hour. Aftor tax deductions for his two exemptions, his bl-wookly taxablo wagos were 12,410.77. How much is deducted from each paycheck for fodoral income tax? Noto: Porcontage mothod for calculation: For taxablo bi-wooklywages over 5066, but not over $2,698 - 366,40, plus 18% of excess over $068.$200,00$278.56$283.32$294.70None of these choices are correct.

Mr Abraham a married man works a 40 hour work week 48 wooks each yoor His hourly rate of pay is 3660 por hour Aftor tax deductions for his two exemptions his bl class=

Respuesta :

We know that the biweekly tax is equal to $65.40 plus 15% of excess over $958. In this case the excess is:

[tex]2410.77-958=1452.77[/tex]

Then for this excess the tax is:

[tex]0.15\cdot1452.77=217.92[/tex]

Hence the total tax is:

[tex]217.92+65.40=283.32[/tex]

Therefore the answer is the third option.