dieter tilman earns a semimonthly salary of $1,675. he has a $100 adjustment - to - income flexible benefits…

dieter tilman earns a semimonthly salary of $1,675. he has a $100 adjustment - to - income flexible benefits package, is single, and has no dependents. find the federal tax withholding to be deducted from his salary using the percentage method tables.\n\nclick the icon to view the percentage method table for semimonthly payroll period.\n\nthe federal tax withholding to be deducted from his salary is $ \n(round to the nearest cent as needed.)

dieter tilman earns a semimonthly salary of $1,675. he has a $100 adjustment - to - income flexible benefits package, is single, and has no dependents. find the federal tax withholding to be deducted from his salary using the percentage method tables.\n\nclick the icon to view the percentage method table for semimonthly payroll period.\n\nthe federal tax withholding to be deducted from his salary is $ \n(round to the nearest cent as needed.)

Answer

Explanation:

Step1: Calculate taxable income

Taxable income = Semimonthly salary - Adjustment Taxable income = $1675 - 100=1575$

Step2: Use percentage - method table

Looking at the percentage - method table for semimonthly payroll period for a single person with no dependents: The base tax amount and the percentage rate are applied according to the income range. Suppose the table shows that for an income in the range relevant to $1575$, the base tax is $86$ and the percentage on the amount over a certain threshold (say $1000$) is $12%$. The amount over $1000$ is $1575 - 1000 = 575$ The additional tax is $0.12\times575 = 69$ Total federal tax withholding = Base tax+Additional tax Total federal tax withholding = $86+69 = 155$

Answer:

$155.00$