Exhibit 4-1:
Use the following tables to calculate your answers.
-Refer to Exhibit 4-1.Carson Smart is paid $1,200 every two weeks plus a taxable lodging allowance of $100.He is a participant in the company 401k) plan and has $150 deducted from his pay for his contribution to the plan.He is married with two allowances.How much would be deducted from his pay for federal income tax using the wage- bracket table)?

Question

Exhibit 4-1:
Use the following tables to calculate your answers.   
-Refer to Exhibit 4-1.Carson Smart is paid $1,200 every two weeks plus a taxable lodging allowance of $100.He is a participant in the company 401k) plan and has $150 deducted from his pay for his contribution to the plan.He is married with two allowances.How much would be deducted from his pay for federal income tax using the wage- bracket table)?

Quizplus · Accepted Answer

The Answer of Exhibit 4-1:
Use the following tables to calculate your answers.   
-Refer to Exhibit 4-1.Carson Smart is paid $1,200 every two weeks plus a taxable lodging allowance of $100.He is a participant in the company 401k) plan and has $150 deducted from his pay for his contribution to the plan.He is married with two allowances.How much would be deducted from his pay for federal income tax using the wage- bracket table)?

Exhibit 4-1: Use the Following Tables to Calculate Your Answers