Question

the amount of income tax withheld is - 720 than 740 80 62 44 26 14 1 0 0 0 0 0 740 760 83 65 47 28 16 3 0 0 0 0 0 760 780 86 68 50 31 18 5 0 0 0 0 0 780 800 89 71 53 34 20 7 0 0 0 0 0 800 820 92 74 56 37 22 9 0 0 0 0 0 820 840 95 77 59 40 24 11 0 0 0 0 0 840 860 98 80 62 43 26 13 1 0 0 0 0 mario has gross biweekly earnings of $784.21. by claiming 1 more withholding allowance, mario would have $13 more in his take home pay. how many withholding allowances does mario currently claim? a. 3 b. 4 c. 5 d. 6

Explanation:

Step1: Locate earnings bracket

Mario's gross biweekly earnings are $784.21, which falls in the row for earnings "780 than 800".

Step2: Find $13 tax difference

We need two withholding values in this row with a difference of $13. The values are:

• For 5 allowances: $7
• For 6 allowances: $20

Difference: $20 - $7 = $13. This matches the $13 increase in take-home pay (lower tax withheld means higher take-home pay).

Step3: Identify current allowances

Claiming 1 more allowance (from 5 to 6) reduces tax withheld by $13, so current allowances are 5.

Answer:

c. 5