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Miguel, a single teacher, earns $1,500 every two weeks (biweekly). He claims two allowances. What is his federal income tax withholding for each biweekly paycheck?

Sagot :

The federal income tax withholding for each biweekly paycheck for the single teacher is $259.9.

The given parameters:

Biweekly amount earned by the single teacher, = $1,500

The federal tax rate for single workers is given as;

amount between $436 and $1,506 = $34.9 plus 15%

The federal income tax withholding for each biweekly paycheck for the single teacher is calculated as follows;

income tax withholding = $34.9  +  0.15($1,500)

income tax withholding = $34.9  +  $225

income tax withholding  = $259.9

Thus, the federal income tax withholding for each biweekly paycheck for the single teacher is $259.9.

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