Penny is paid a gross wage of $2,846 on a monthly basis. She is single and is entitled to 2 withholding allowances. How much income tax, Social Security, and Medicare will be withheld based on the combined wage bracket tables in Exhibit 9-3 and Exhibit 9-4 from your text? $427.17 $437.17 $447.17 $457.17

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter4: Income Tax Withholding
Section: Chapter Questions
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Penny is paid a gross wage of $2,846 on a monthly basis. She is single and is entitled to 2 withholding allowances. How much income tax, Social Security, and Medicare will
be withheld based on the combined wage bracket tables in Exhibit 9-3 and Exhibit 9-4 from your text?
$427.17
$437.17
$447.17
$457.17
Transcribed Image Text:Penny is paid a gross wage of $2,846 on a monthly basis. She is single and is entitled to 2 withholding allowances. How much income tax, Social Security, and Medicare will be withheld based on the combined wage bracket tables in Exhibit 9-3 and Exhibit 9-4 from your text? $427.17 $437.17 $447.17 $457.17
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