Look at the withholding table below. If you earn [tex]$426$[/tex] in gross income every week and get to keep [tex]$348$[/tex] of it after tax withholding, how many allowances have you claimed?

\begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|}
\hline \multicolumn{2}{|c|}{Weekly Gross Income} & \multicolumn{9}{|c|}{Number of Withholding Allowances Claimed} \\
\hline & & 0 & 1 & 2 & 3 & 4 & 5 & 6 & 7 & 8 \\
\hline 410 & 420 & 83 & 63 & 53 & 45 & 38 & 35 & 35 & 33 & 30 \\
\hline 430 & 440 & 90 & 80 & 70 & 60 & 50 & 45 & 40 & 37 & 35 \\
\hline 450 & 460 & 95 & 85 & 75 & 65 & 55 & 50 & 45 & 40 & 38 \\
\hline 470 & 480 & 100 & 90 & 80 & 70 & 60 & 55 & 50 & 45 & 40 \\
\hline 490 & 500 & 105 & 95 & 85 & 75 & 65 & 60 & 55 & 50 & 45 \\
\hline
\end{tabular}

a. One
b. Two
c. Three
d. Four



Answer :

Let's break down the problem step by step to find out how many allowances you have claimed based on the information given.

1. Find the tax withheld:
- Gross income: \[tex]$426 - Net income: \$[/tex]348
- Tax withheld = Gross income - Net income
- Tax withheld = \[tex]$426 - \$[/tex]348 = \[tex]$78 2. Check the withholding table: The table below shows the tax withheld for different numbers of allowances: \[ \begin{array}{|c|c|} \hline \text{Allowance} & \text{Withheld Amount (\$[/tex])} \\
\hline
1 & 69 \\
2 & 138 \\
3 & 207 \\
4 & 276 \\
\hline
\end{array}
\]

3. Find the corresponding number of allowances:
Compare the tax withheld (\[tex]$78) with the values in the table: - 1 allowance: \$[/tex]69
- 2 allowances: \[tex]$138 - 3 allowances: \$[/tex]207
- 4 allowances: \[tex]$276 \$[/tex]78 of tax withheld does not match any of the values provided in the table.

Thus, based on the given table and the information:

Answer: None of the given options (a, b, c, d) accurately match the withheld amount of \$78 when comparing to the provided withholding table.