Multiple Choice
Amity is an employee with a period gross pay of $2,000.She elects to have 3% of her gross pay withheld for her 401(k) contribution.What will be her taxable income be for Federal income taxes?
A) $2,000
B) $1,970
C) $1,940
D) $1,910
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q15: Garnishments are court-ordered amounts that an employer
Q17: Julio is single with 1 withholding allowance.He
Q18: Melody is a full-time employee who earns
Q19: Amanda is a full-time exempt employee
Q20: Which of the following is used in
Q21: Paolo is a part-time security guard for
Q21: What is a disadvantage to using paycards
Q24: Ramani earned $1,698.50 during the most recent
Q25: Which Act extended health care benefits to
Q26: Caroljane earned $1,120 during the most recent