To determine Terry's semi-monthly withholdings from his federal taxes, first we need to calculate the number of pay periods in a year for semi-monthly pay.
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Calculate the number of pay periods in a year for semi-monthly pay:
- There are 12 months in a year, and semi-monthly pay means employees are paid twice a month.
- \( 12 \text{ months} \times 2 = 24 \text{ pay periods} \)
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Calculate the amount of federal taxes withheld per semi-monthly paycheck:
- Terry's total federal tax obligation for the year is $7,832.
- To find the semi-monthly withholding amount, divide the total federal tax by the number of pay periods: \[ \text{Semi-monthly withholding} = \frac{7,832}{24} \] \[ \text{Semi-monthly withholding} = 326.33 \]
Since we are typically rounding to the nearest cent for paycheck calculations, we would round this to:
- $326.33
So, rounding down to the choices provided, the closest option is:
- $326
Therefore, the answer is $326.