Use the combined wage bracket tables, Exhibit 9-3 and Exhibit 9-4, to solve. How much combined tax (in \( \$ \) ) should be withheld from the paycheck of a single employee earning \( \$ 3,355 \) per month and claiming zero withholding allowances? \( \$ \square \)
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To determine the combined tax withholding for a single employee earning \( \$ 3,355 \) per month with zero withholding allowances, you need to refer to the specific wage bracket tables that correspond with the current tax year. Typically, for a monthly salary in that range, you would calculate federal income tax and Social Security and Medicare taxes. First, find the appropriate row in the wage bracket tables that corresponds to \( \$ 3,355 \). From the federal tax calculations, the withholding amount would approximately range around \( \$ 400 \) for federal income tax. Adding the Social Security tax (6.2%) and Medicare tax (1.45%), which total about \( \$ 258 \), you would total around \( \$ 658 \) in combined taxes withheld. So, the combined tax withholding should be approximately \( \$ 658 \).