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
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