Directions: Given the information find the weekly and monthly taxable wages (4.3 weeks per month). This is for federal income taxes.
Weekly Taxable Wages: $\$21.40$ per hour, $40$ hours a week, $47$ weeks per year
Weekly Taxable wages: $\$21.40*40= \$856$
Monthly Taxable wages: ?
I really don't know what to do here. Do I just take $\$21.40*40 \text{hours}*4.3$ weeks? I'm a bit confused here since they do give that this person works for $47$ weeks annually but i don't know what to do with it. Oh monthly taxable wages are the amount of wages before being taxed.
I would do that, multiply by 4.3 weeks/month. It ignores the statement of working 47 weeks per year. Maybe you only consider that when figuring an annual salary, or maybe you are supposed to average that in (even for weekly wages?) by multiplying by $\frac {47}{52}$