Find the best answers to your questions at Westonci.ca, where experts and enthusiasts provide accurate, reliable information. Experience the convenience of finding accurate answers to your questions from knowledgeable experts on our platform. Join our Q&A platform to connect with experts dedicated to providing accurate answers to your questions in various fields.
Sagot :
To determine how many withholding allowances Mario currently claims, we'll follow a step-by-step approach using the given tax table and the information about his earnings and extra take-home pay.
### Step-by-Step Solution
1. Identify Mario's Current Earnings Range:
- Mario's gross biweekly earnings are [tex]\( \$784.21 \)[/tex].
- This falls within the range [tex]\( \$780 \leq \text{earnings} < \$800 \)[/tex].
2. Extract the Relevant Row from the Tax Table:
- For earnings of [tex]\( \$780 \)[/tex] to [tex]\( \$800 \)[/tex], the withholding amounts based on the number of allowances are:
[tex]\[ \begin{array}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \text{At least} & \text{But less than} & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10+ \\ \hline 780 & 800 & 89 & 71 & 53 & 34 & 20 & 7 & 0 & 0 & 0 & 0 & 0 \\ \hline \end{array} \][/tex]
3. Understand the Change in Withholding Amount:
- Mario claims one more withholding allowance which results in \[tex]$13 more in his take-home pay. This means the tax withheld decreases by \$[/tex]13.
4. Identify the Current Withholding Allowances:
- We need to find two consecutive columns where the difference in tax withheld is \[tex]$13. Let's examine the differences: - Difference between 34 (3 allowances) and 20 (4 allowances): \( 34 - 20 = 14 \) - Difference between 20 (4 allowances) and 7 (5 allowances): \( 20 - 7 = 13 \) Here, we find that the difference of \$[/tex]13 occurs between 20 (4 allowances) and 7 (5 allowances).
5. Conclusion:
- The change in tax implies Mario currently claims 4 withholding allowances (where the tax withheld is \[tex]$20). - Claiming 1 more (i.e., moving to 5 allowances), the tax withheld becomes \$[/tex]7, providing an additional \$13 in take-home pay.
Therefore, Mario currently claims 4 withholding allowances.
Thus, the correct answer to the question is:
[tex]\[ \boxed{4} \][/tex]
### Step-by-Step Solution
1. Identify Mario's Current Earnings Range:
- Mario's gross biweekly earnings are [tex]\( \$784.21 \)[/tex].
- This falls within the range [tex]\( \$780 \leq \text{earnings} < \$800 \)[/tex].
2. Extract the Relevant Row from the Tax Table:
- For earnings of [tex]\( \$780 \)[/tex] to [tex]\( \$800 \)[/tex], the withholding amounts based on the number of allowances are:
[tex]\[ \begin{array}{|c|c|c|c|c|c|c|c|c|c|c|c|c|} \hline \text{At least} & \text{But less than} & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 & 9 & 10+ \\ \hline 780 & 800 & 89 & 71 & 53 & 34 & 20 & 7 & 0 & 0 & 0 & 0 & 0 \\ \hline \end{array} \][/tex]
3. Understand the Change in Withholding Amount:
- Mario claims one more withholding allowance which results in \[tex]$13 more in his take-home pay. This means the tax withheld decreases by \$[/tex]13.
4. Identify the Current Withholding Allowances:
- We need to find two consecutive columns where the difference in tax withheld is \[tex]$13. Let's examine the differences: - Difference between 34 (3 allowances) and 20 (4 allowances): \( 34 - 20 = 14 \) - Difference between 20 (4 allowances) and 7 (5 allowances): \( 20 - 7 = 13 \) Here, we find that the difference of \$[/tex]13 occurs between 20 (4 allowances) and 7 (5 allowances).
5. Conclusion:
- The change in tax implies Mario currently claims 4 withholding allowances (where the tax withheld is \[tex]$20). - Claiming 1 more (i.e., moving to 5 allowances), the tax withheld becomes \$[/tex]7, providing an additional \$13 in take-home pay.
Therefore, Mario currently claims 4 withholding allowances.
Thus, the correct answer to the question is:
[tex]\[ \boxed{4} \][/tex]
Thank you for your visit. We're committed to providing you with the best information available. Return anytime for more. Thank you for visiting. Our goal is to provide the most accurate answers for all your informational needs. Come back soon. Thank you for choosing Westonci.ca as your information source. We look forward to your next visit.