12
QuizMultiple Choice
Gross Pay vs. Net Pay
Question 12 • 26.27 TCEC FINANCIAL LIT
The following federal tax table is for biweekly earnings of a single person. A single person earns a gross biweekly salary of $780 and claims 6 exemptions. How does their net pay change due to the federal income tax withheld?
Answer
A
No federal income taxes are withheld.B
They will add $11 to their gross pay.C
They will subtract $11 from their gross pay.D
They will add $13 to their gross pay.