Chapter 2 Review

Madison Finn, single, makes $540.75 a week as the first violinist for the Grove Park Philharmonic. If she claims 1 allowance, what is the tax amount withheld?

• $58

• $57

• $67

• $38

If Erica, a machine operator at Stanley Foundry, makes $513.66 a week and has $33 in FIT withheld, how many allowances has she claimed?

• 0

• 1

• 2

• 3

What are Julio's taxable wages as a data-entry operator if his withholding allowances total $1,500 and his annual gross pay is $23,400?

• $21,900

• $23,400

• $24,900

• $24,400

How much tax is withheld from $45,580 if the tax rate is 4%?

• $2,300.10

• $1,855.50

• $3,500.40

• $1,823.20

Alistair earns $47,800 a year working for a delivery service. He is single and pays $2,152.60 in state income tax each year. He claims no dependents. What is the tax rate of Alistair's state?

• 4.5%

• 4.7%

• 3.9%

• 5.0%

Lily's gross pay is $350.00 per pay period. the Medicare tax rate is 1.45%. How much Medicare tax does Lily pay per pay period?

• $15.08

• $5.08

• $4.20

• $21.70

Terry Harrison is single and works for the Dade County animal control department. He claims no allowances, and his employer computes federal tax using the percentage method. Dade County withholds $85.80 in federal income tax from his weekly salary, which exceeds $645.00. What is Terry's weekly salary?

• $680.80

• $595.75

• $665.15

• $660.60

If Manny's wages as a fork lift operator are $520.75, he is single, he claims 3 allowances, what amount is deducted for federal taxes? (use the federal tax table on pp. A2 - A5)

Amber Holloway's gross pay is $45,700 a year. The income tax rate is 4%, and she takes $2,000 in exemptions. What is her withholding for the year? (enter your response in " $x,xxx " format).

Jackie Douglas is an airline mechanic. Her company pays 40% of the $3,500 annual cost of group health insurance. How much does she pay for it monthly?