8
QuizMultiple Choice

Gross Pay vs. Net Pay

Question 8 • SHS Alt Personal Finance - 2021

Use the following federal tax table for biweekly gross earnings of a single person to help answer the question below. Molly has biweekly gross earnings of $839.52. By claiming 1 more withholding allowance, Molly would have $16 more in her take home pay. How many withholding allowances does Molly currently claim?

Question illustration
Answer
A
1
B
2
C
3
D
4
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