Ralph and Kathy Gump are married with one 20-year-old dependent child. Ralph earns a total of $39,000
Question:
Ralph and Kathy Gump are married with one 20-year-old dependent child. Ralph earns a total of $39,000 and estimates their itemized deductions to be $16,000 for the year. Kathy is not employed. Use Form W-4 on Pages 9-40 and 9-41 to determine the number of withholding allowances that Ralph should claim.
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Step by Step Answer:
To determine the number of withholding allowances that Ralph should claim on his Form W4 you can follow these steps Start with the basic allowances Ra...View the full answer
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Related Book For 
Income Tax Fundamentals 2017
ISBN: 9781305872738
35th Edition
Authors: Gerald E. Whittenburg, Steven Gill, Martha Altus Buller
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