Ross is a full-time employee who earns $42,000 annually,paid semimonthly.His Federal income tax is $155.00.What is the maximum amount that may be withheld from his pay for a child-support garnishment,assuming he is not in arrears? (Do not round interim calculations,only round final answer to two decimal points.)
A) $365.28
B) $730.56
C) $584.45
D) $876.68

Question

Quizplus · Accepted Answer

First, we need to find Ross's gross semimonthly income: 
$42,000 / 24 = $1,750

Next, we need to calculate his semimonthly child-support garnishment using the federal formula: 
$1,750 x 50% = $875

However, we must also consider Ross's federal income tax withholding of $155: 
$875 - $155 = $720

Therefore, the maximum amount that may be withheld from Ross's pay for a child-support garnishment is $720, which corresponds to choice B.

Ross Is a Full-Time Employee Who Earns $42,000 Annually,paid Semimonthly