Amanda is a full-time exempt employee in Sparks, Nevada, who earns $84,000 annually. She is married with 1 deduction and is paid biweekly. She contributes $150.00 per pay period to her 401(k) and has pre-tax health insurance and AFLAC deductions of $50.00 and $75.00, respectively. Amanda contributes $25.00
Per pay period to the United Way. What is her net pay? (Use the percentage method. Do not round intermediate calculations. Round final answers to 2 decimal
Places.)
Table 5. Percentage Method-2019 Amount for one Withholding Allowance
Payroll Period One Withholding
Allowance
Weekly $80.80
Biweekly 161.50
Semimonthly 175.00
Monthly 350.00
Quarterly 1,050.00
Semiannually 2,100.00
Annually 4,200.00
Daily or miscellaneous (each day of the payroll period) 16.20
TABLE 2-BIWEEKLY Payroll Period
(a) SINGLE person (including head of household) - (b) MARRIED person-
If the amount of wages (after If the amount of wages (after
Subtracting withholding subtracting withholding
Allowances) is: The amount of income tax to withhold is: allowances) is: The amount of income tax to withhold is
Not over $146...... $0 Not over $454...... $0
Over- But not over- of excess over- Over- But not over- of excess ov
$ 146 -$ 519 $ 0.00 plus 10% -$ 146 $ 454 -$ 1,200 $ 0.00 plus 10%
$ 519 -$ 1,664 $ 37.30 plus 12% -$ 519 $ 1,200 -$ 3,490 $ 74.60 plus 12%
$ 1,664 -$ 3,385 $ 174.70 plus 22% -$ 1,664 $ 3,490 -$ 6,931 $ 349.40 plus 22%
$ 3,385 -$ 6,328 $ 553.32 plus 24% -$ 3,385 $ 6,931 -$ 12,817 $ 1,106.42 plus 24%
$ 6,328 -$ 7,996 $ 1,259.264 plus 32% -$ 6,328 $ 12,817 -$ 16,154 $ 2,519.06 plus 32%
$ 7,996 -$ 19,773 $ 1,793.40 plus 35% -$ 7,996 $ 16,154 -$ 24,006 $ 3,586.90 plus 35%
$ 19,773 $ 5,915.35 plus 37% -$ 19,773 $ 24,006 $ 6,335.10 plus 37%
A) $2,394.47
B) $2,193.60
C) $2,427.27
D) $2,605.44
Correct Answer:
Verified
Q44: The purpose of the wage base used
Q45: Jesse is a part-time nonexempt employee in
Q46: Which of the following payment methods is
Q47: The factors that determine an employee's federal
Q48: What is an advantage of direct deposit
Q50: Best practices for paying employees by check
Q51: Why do employers use checks as an
Q52: Maile is a full-time exempt employee in
Q53: Which of the following is true about
Q54: From the employer's perspective, which of the
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents