Use the percentage method of withholding to find the federal withholding tax, a 6.2% FICA rate to find the FICA tax, and
1.45% to find the Medicare tax. Then find the net pay for the employee. Assume that the employee has not earned over
$115,000 so far this year.
-Erika Du Mesnil has gross earnings of $7914.27 semimonthly. She is married and has 4 withholding allowances.
A) $7,308.83
B) $6,479.34
C) $5,873.90
D) $8,743.76
Correct Answer:
Verified
Q6: Find the federal withholding tax for the
Q7: Solve the problem.
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Q8: Solve the problem.
-Acme Industries pays at the
Q9: Solve the problem.
-Barbara Smith is an employee
Q10: Find the Social Security and Medicare taxes
Q12: Motorville Auto Parts pays salespeople as follows:
Q13: Find the hours, rate, or earnings as
Q14: Find the equivalent earnings.
-Chuck earns $363 a
Q15: Find the gross earnings. Use the overtime
Q16: Find the hours, rate, or earnings as
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