Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal exemptions and had a take-home pay of $499.00 this week, how much would her employer take from her pay to satisfy part of the tax levy?Round your intermediate calculations and answer to the nearest cent.$_________ Figure 6.32019 Table for Amount Exempt for Tax Levy (Single Person)Filing Status: SinglePayNumber of Exemptions Claimed on StatementPeriod12345More Than 546.92 plus 16.15 forDaily46.9263.0779.2295.37111.52127.67each dependent234.62 plus 80.77 forWeekly234.62315,39396.16476.93557.70638.47each dependent469.23 plus 161.54 forBiweekly1115.39 1276.93469.23630.77792.31953.85each dependent508.33 plus 175 forSemimonthly508.33683.33858.331033.33 1208.33 1383.33each dependent1016.67 plus 350 forMonthly1016.67 1366.67 1716.67 2066.67 2416.67 2766.67each dependentSource: Internal Revenue Service.Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal exemptions and had a take-home pay of $499.00 this week, how muchwould her employer take from her pay to satisfy part of the tax levy?Round your intermediate calculations and answer to the nearest cent.-

Tax: It is levied on individual and the Corporation by the Federal Government of the country.

Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal exemptions and had a take-home pay of $499.00 this week, how much would her employer take from her pay to satisfy part of the tax levy? Round your intermediate calculations and answer to the nearest cent. $_________

Karen Most has a federal tax levy of $2,100.50 against her. If Most is single with two personal exemptions and had a take-home pay of $499.00 this week, how much would her employer take from her pay to satisfy part of the tax levy? Round your intermediate calculations and answer to the nearest cent. $_________

SWFT Essntl Tax Individ/Bus Entities 2020

23rd Edition

ISBN:9780357391266

Author:Nellen

Publisher:Nellen

Chapter4: Gross Income

Section: Chapter Questions

Problem 7RP

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