Find the best solutions to your questions at Westonci.ca, the premier Q&A platform with a community of knowledgeable experts. Get immediate and reliable answers to your questions from a community of experienced experts on our platform. Get precise and detailed answers to your questions from a knowledgeable community of experts on our Q&A platform.
Sagot :
To determine how many withholding allowances Mario currently claims, we'll follow a step-by-step approach using the given tax table and the information about his earnings and extra take-home pay.
### Step-by-Step Solution
1. Identify Mario's Current Earnings Range:
- Mario's gross biweekly earnings are [tex]\( \$784.21 \)[/tex].
- This falls within the range [tex]\( \$780 \leq \text{earnings} < \$800 \)[/tex].
2. Extract the Relevant Row from the Tax Table:
- For earnings of [tex]\( \$780 \)[/tex] to [tex]\( \$800 \)[/tex], the withholding amounts based on the number of allowances are:
[tex]\[ \begin{array}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \text{At least} & \text{But less than} & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10+ \\ \hline 780 & 800 & 89 & 71 & 53 & 34 & 20 & 7 & 0 & 0 & 0 & 0 & 0 \\ \hline \end{array} \][/tex]
3. Understand the Change in Withholding Amount:
- Mario claims one more withholding allowance which results in \[tex]$13 more in his take-home pay. This means the tax withheld decreases by \$[/tex]13.
4. Identify the Current Withholding Allowances:
- We need to find two consecutive columns where the difference in tax withheld is \[tex]$13. Let's examine the differences: - Difference between 34 (3 allowances) and 20 (4 allowances): \( 34 - 20 = 14 \) - Difference between 20 (4 allowances) and 7 (5 allowances): \( 20 - 7 = 13 \) Here, we find that the difference of \$[/tex]13 occurs between 20 (4 allowances) and 7 (5 allowances).
5. Conclusion:
- The change in tax implies Mario currently claims 4 withholding allowances (where the tax withheld is \[tex]$20). - Claiming 1 more (i.e., moving to 5 allowances), the tax withheld becomes \$[/tex]7, providing an additional \$13 in take-home pay.
Therefore, Mario currently claims 4 withholding allowances.
Thus, the correct answer to the question is:
[tex]\[ \boxed{4} \][/tex]
### Step-by-Step Solution
1. Identify Mario's Current Earnings Range:
- Mario's gross biweekly earnings are [tex]\( \$784.21 \)[/tex].
- This falls within the range [tex]\( \$780 \leq \text{earnings} < \$800 \)[/tex].
2. Extract the Relevant Row from the Tax Table:
- For earnings of [tex]\( \$780 \)[/tex] to [tex]\( \$800 \)[/tex], the withholding amounts based on the number of allowances are:
[tex]\[ \begin{array}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \text{At least} & \text{But less than} & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10+ \\ \hline 780 & 800 & 89 & 71 & 53 & 34 & 20 & 7 & 0 & 0 & 0 & 0 & 0 \\ \hline \end{array} \][/tex]
3. Understand the Change in Withholding Amount:
- Mario claims one more withholding allowance which results in \[tex]$13 more in his take-home pay. This means the tax withheld decreases by \$[/tex]13.
4. Identify the Current Withholding Allowances:
- We need to find two consecutive columns where the difference in tax withheld is \[tex]$13. Let's examine the differences: - Difference between 34 (3 allowances) and 20 (4 allowances): \( 34 - 20 = 14 \) - Difference between 20 (4 allowances) and 7 (5 allowances): \( 20 - 7 = 13 \) Here, we find that the difference of \$[/tex]13 occurs between 20 (4 allowances) and 7 (5 allowances).
5. Conclusion:
- The change in tax implies Mario currently claims 4 withholding allowances (where the tax withheld is \[tex]$20). - Claiming 1 more (i.e., moving to 5 allowances), the tax withheld becomes \$[/tex]7, providing an additional \$13 in take-home pay.
Therefore, Mario currently claims 4 withholding allowances.
Thus, the correct answer to the question is:
[tex]\[ \boxed{4} \][/tex]
Thank you for your visit. We are dedicated to helping you find the information you need, whenever you need it. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for using Westonci.ca. Come back for more in-depth answers to all your queries.