David Chow earns 42,000 a year

Question

David Chow earns 42,000 a year. He is paid weekly. He is married, has no depnedents, and claims 2 withholding allowance for federal income tax purposes. The state tax rate is 2% of taxable income. How much does his employer withhold annually from David's gross pay for state and federal income taxes combined?

Answer 1

First, determine the weekly pay, then find the federal deduction

 

In order to answer this question, it is necessary to know the federal deduction based on the weekly salary, and the two dependents.

 

you will be able to obtain that information from https://www.irs.gov/pub/irs-pdf/p15.pdf

 

with that information, it will be relatively easy to figure the annual withholding