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Amanda Is a Full-Time Exempt Employee in Sparks, Nevada, Who

Question 49

Multiple Choice

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:

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