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 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

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 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

Answer

Explanation:

Step1: Locate Mario's earnings range

Mario's gross bi - weekly earnings are $784.21$, which is in the range of $780 - 800$.

Step2: Analyze the change in tax withholding

Claiming 1 more withholding allowance gives $13$ more in take - home pay, which means the tax withholding decreases by $13$.

Step3: Find the current and new withholding amounts

In the $780 - 800$ range, we need to find two adjacent columns where the difference in tax withholding is $13$. Looking at the table, when going from the column for $4$ allowances ($20$) to the column for $5$ allowances ($7$), the difference is $20 - 7=13$. So Mario currently claims $4$ withholding allowances.

Answer:

b. 4