martins gross pay is $30,135 per year. his federal income tax percent that is withheld from his paycheck is…

martins gross pay is $30,135 per year. his federal income tax percent that is withheld from his paycheck is 15%. the amount of money that he owes the government after federal deductions is $4,150. which of the following is true? o martin owes about $4,520 in federal taxes. o martin owes about $370 in federal taxes. o martin will get a refund of about $3,899. o martin will get a refund of about $370.

martins gross pay is $30,135 per year. his federal income tax percent that is withheld from his paycheck is 15%. the amount of money that he owes the government after federal deductions is $4,150. which of the following is true? o martin owes about $4,520 in federal taxes. o martin owes about $370 in federal taxes. o martin will get a refund of about $3,899. o martin will get a refund of about $370.

Answer

Explanation:

Step1: Calculate the amount withheld for federal income - tax

The amount withheld is 15% of his gross pay. His gross pay is $30135. So the amount withheld $W$ is calculated as $W = 0.15\times30135$. $W=0.15\times30135 = 4520.25\approx4520$

Step2: Determine the refund or amount owed

He owes the government $A = 4150$ after deductions. Since the amount withheld ($4520$) is more than the amount he owes ($4150$), he will get a refund. The refund amount $R$ is $R=W - A$. $R = 4520 - 4150=370$

Answer:

Martin will get a refund of about $370.