Patty Kim earns $20,000 per year. She is paid 26 times per year and claims 1 exemption. If $17.31 is withheld from each paycheck, at what rate is she taxed?

Answer 1

20,000/26 = 769.23

17.31/769.23 = 0.0225 = 2.225%

Answer 2

2.3%