at least but less than 0 1 2 3 4 5 6 7 8 9 10+ the amount of income tax withheld is - 720 740 80 62 44 26 14…

at least but less than 0 1 2 3 4 5 6 7 8 9 10+ the amount of income tax withheld is - 720 740 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 molly has biweekly gross earnings of $839.52. by claiming 1 more withholding allowance, molly would have $16 more in her take - home pay. how many withholding allowances does molly currently claim? a. 1 b. 2 c. 3 d. 4

at least but less than 0 1 2 3 4 5 6 7 8 9 10+ the amount of income tax withheld is - 720 740 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 molly has biweekly gross earnings of $839.52. by claiming 1 more withholding allowance, molly would have $16 more in her take - home pay. how many withholding allowances does molly currently claim? a. 1 b. 2 c. 3 d. 4

Answer

Explanation:

Step1: Locate Molly's income range

Molly's bi - weekly gross earnings are $839.52, which is in the range of 820 - 840.

Step2: Analyze the change in take - home pay

She would have $16 more in take - home pay by claiming 1 more withholding allowance. This means the difference in income tax withheld when she claims one more allowance is $16. In the 820 - 840 row, the difference between the income tax withheld for 2 allowances (59) and 3 allowances (40) is $59 - 40=19$; the difference between the income tax withheld for 3 allowances (40) and 4 allowances (24) is $40 - 24 = 16$.

Answer:

c. 3