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11 September, 03:45

Tim Tradesman estimates his taxable income will be $25,400. He is paid biweekly or 26 times a year. Because Tim has only one source of income, he uses the Tax Tables to estimate how much will be deducted form his pay for withholding.

1. Finds the tax rate for his income level. = a0 %

2. Enters the base amount. = $ a1

3. Enters the amount of tax owed. = $ a2

4. Divides by a3 = $ a4

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Answers (1)
  1. 11 September, 04:08
    0
    1. 15%

    2. $ 0

    3. $3810

    4. divide by 26 = $146.54
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