Nico joven presently earns $348.40 per week.He claims himself and his mother as allowances.He is single.He is to get a new job classification, which will result in a 15% increase in pay.He also plans to marry.After his marriage, he will claim his wife, himself, and his mother as allowances.How much less will be withheld weekly for federal income taz?

Respuesta :

The amount less that will be withheld weekly for federal income tax is $40.65.

How to calculate the amount?

The money withheld from the federal income tax will be:

= $348.40/2

= $174.20

The increase in pay will be:

= 15% × $348.40

= $52.26

The new salary will be the addition which is $400.66.

The new money withheld will be:

= $400.66/3

= $133.55

The amount less withheld will be:

= $174.20 - $133.55

= $40.65

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