While calculating net pay we need to deduct taxes from gross pay. These taxes includes FICA Tax, federal income tax, with holding taxes and health insurance premium etc
Inverness's net pay will be:
Employee Net Pay Maxwell Inverness's weekly gross earnings for the week ending December 18 were $3,480,...
Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ending December 18 were $1,880.77, and his federal income tax withholding was $376.15. Assuming the social security rate is 6% and Medicare is 1.5%, what is Friedman's net pay? Note: If required, round interim calculations to two decimal places and use in future computations.
Employee Net Pay Kenneth Friedman's weekly gross earnings for the week ending December 18 were $2,280, and his federal income tax withholding was $387.6. Assuming the social security rate is 6% and Medicare is 1.5% of all earnings, what is Friedman's net pay? If required, round your answer to two decimal places
Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ending March 9 were $900, and her federal income tax withholding was $189.00. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Friedman pay? If required, round your answer to two decimal places.
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,604, and his federal income tax withholding was $288.72. Assuming the social security rate is 6% and Medicare is 1.5%, what is Colin's net pay? Note: If required, round your answer to two decimal places. $
Employee Net Pay Colin Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Colin's net pay? Note: If required, round your answer to two decimal places.
Employee Net Pay Lindsey Vater's weekly gross earnings for the week ended March 9 were $800, and her federal income tax withholding was $128.96. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is Lindsey's net pay? If required, round your answer to two decimal places. $
Federal Income Tax Withholding Bob Dunn's weekly gross earnings for the present week were $2,950. Dunn has two exemptions. Using the wage bracket withholding table in Exhibit 2 with a $75 standard withholding allowance for each exemption, what is Dunn's federal income tax withholding? Round your answer to two decimal places. $ Employee Net Pay Maxwell Friedman's weekly gross earnings for the week ended April 22 were $1,302, and his federal income tax withholding was $234.36. Assuming the social security...
Baker Green’s weekly gross earnings for the week ending December 7 were $2,500, and her federal income tax withholding was $525. Prior to this week Green had earned $98,000 for the year. Assuming the social security rate is 6% and Medicare is 1.5%, what is Green’s net pay?
Baker Green's weekly gross earnings for the week ending December 7 were $2,500.00, and her federal income tax withholding was $525.00. Social security rate is 6.2% and Medicare is 1.45%, and all earnings are subject to FICA taxes. She contributes a fixed amount of $75.00 per pay check to her retirement account and also has $25.00 withdrawn, towards a charitable contribution. What is Baker Green's net pay? Round your answer to two decimal places. Show your work. (10 points)
2. Carmen Flores' weekly gross earnings for the week ending Dec. 27, 2018 were $3,500, and her federal income tax withholding was $525, retirement contribution $75 in this payroll. Federal unemployment tax is $80; state unemployment tax is $120. Assuming the social security rate is 6% and Medicare is 1.5% of all earnings. (18 points) Question a: What is Flores' net pay? Round your answer to two decimal places. (8 points, calculation procedure counts 6 points, filling the blank counts...