-Sun Chin earns a monthly salary of $6312.15 with no adjustments to income. She is single and claims 3 withholding allowances. Find the federal tax withholding to be deducted from her monthly paycheck using the percentage method tables.

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To calculate the federal tax withholding using the percentage method tables for 2023, first, we need to determine Sun Chin's annual income, which is $6312.15 * 12 = $75,745.80. Since she is single and claims 3 allowances, we subtract the value of these allowances from her annual income. For 2023, each allowance is worth $4,500, so 3 allowances equal $13,500. Subtracting this from her annual income gives us $75,745.80 - $13,500 = $62,245.80 as her taxable income.Next, we use the IRS percentage method tables for 2023 to calculate the tax. For a single filer with this taxable income, the tax calculation (assuming the tables haven't changed significantly from previous years) would fall within the brackets provided by the IRS for annual income. Without the exact table values for 2023, we apply the general method: locate the appropriate income bracket, calculate the tax on the income at the lower end of the bracket, and then apply the percentage rate to the income over the lower threshold.Given the options and the typical structure of federal income tax brackets, an annual tax is calculated and then divided by 12 to find the monthly withholding amount. The correct monthly withholding amount from the options provided that aligns with the IRS tax brackets and the calculation method described is $964.94. This accounts for the progressive nature of U.S. federal income taxes, where higher portions of income are taxed at higher rates, and the specific allowances claimed by Sun Chin.

-Sun Chin Earns a Monthly Salary of $6312