Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Discover comprehensive answers to your questions from knowledgeable professionals on our user-friendly platform. Experience the ease of finding precise answers to your questions from a knowledgeable community of experts.
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. Thanks for using our platform. We aim to provide accurate and up-to-date answers to all your queries. Come back soon. Stay curious and keep coming back to Westonci.ca for answers to all your burning questions.