Answer :
To solve this problem, follow these steps:
1. Identify the Information Given:
- Gross biweekly salary: [tex]$780 - Exemptions claimed: 6 2. Understand the Requirements: - Determine the net pay effect due to the federal income tax withholding. 3. Analyze the Salary Range: - We need to check where a $[/tex]780 salary fits in the given table:
[tex]\[ \begin{array}{|l|l|l|l|l|l|l|l|l|l|l|l|l|} \hline 800 & 820 & 92 & 74 & 56 & 37 & 22 & 9 & 0 & 0 & 0 & 0 & 0 \\ \hline 820 & 840 & 95 & 77 & 59 & 40 & 24 & 11 & 0 & 0 & 0 & 0 & 0 \\ \hline 840 & 860 & 98 & 80 & 62 & 43 & 26 & 18 & 1 & 0 & 0 & 0 & 0 \\ \hline \end{array} \][/tex]
- The salary of [tex]$780 is below the lowest salary range in the table. 4. Determine the Withholding Impact: - Observing the table, net pay effect values decrease as exemptions increase. - If 6 exemptions are claimed, from the patterns in the tabular values, the federal income tax withheld seems to be zero when exemptions are 6 and salaries are within or below given ranges. 5. Calculate the Net Pay Effect: - As the salary is $[/tex]780 and 6 exemptions are claimed, there seems to be no federal income tax withheld.
- Since the net pay effect is generally decreasing with salary and an increasing number of exemptions, the best interpretation here is that no federal income taxes are being withheld.
6. Evaluate Answer Choices Based on Step 5 Analysis:
- a. No federal income taxes are withheld.
- This is the appropriate choice given the analysis of the table and the salary/exemption values.
Hence, the appropriate selection is:
a. No federal income taxes are withheld.
1. Identify the Information Given:
- Gross biweekly salary: [tex]$780 - Exemptions claimed: 6 2. Understand the Requirements: - Determine the net pay effect due to the federal income tax withholding. 3. Analyze the Salary Range: - We need to check where a $[/tex]780 salary fits in the given table:
[tex]\[ \begin{array}{|l|l|l|l|l|l|l|l|l|l|l|l|l|} \hline 800 & 820 & 92 & 74 & 56 & 37 & 22 & 9 & 0 & 0 & 0 & 0 & 0 \\ \hline 820 & 840 & 95 & 77 & 59 & 40 & 24 & 11 & 0 & 0 & 0 & 0 & 0 \\ \hline 840 & 860 & 98 & 80 & 62 & 43 & 26 & 18 & 1 & 0 & 0 & 0 & 0 \\ \hline \end{array} \][/tex]
- The salary of [tex]$780 is below the lowest salary range in the table. 4. Determine the Withholding Impact: - Observing the table, net pay effect values decrease as exemptions increase. - If 6 exemptions are claimed, from the patterns in the tabular values, the federal income tax withheld seems to be zero when exemptions are 6 and salaries are within or below given ranges. 5. Calculate the Net Pay Effect: - As the salary is $[/tex]780 and 6 exemptions are claimed, there seems to be no federal income tax withheld.
- Since the net pay effect is generally decreasing with salary and an increasing number of exemptions, the best interpretation here is that no federal income taxes are being withheld.
6. Evaluate Answer Choices Based on Step 5 Analysis:
- a. No federal income taxes are withheld.
- This is the appropriate choice given the analysis of the table and the salary/exemption values.
Hence, the appropriate selection is:
a. No federal income taxes are withheld.
