Question

Thomas Carey, single, claiming one exemption, has cumulative eamings before this biweekly pay period of $125,800. If he Socia
Data Table SINGLE Persons-BIWEEKLY Payroll Period (For Wages Paid through December 31, 201X) And the wages are- And the numbe
Social Security is 62% on $127200 and Round to lhe nerest cent as needed) @iclare gion to view the Sinae Peson-Bineekly Payro
Thomas Carey, single, claiming one exemption, has cumulative eamings before this biweekly pay period of $125,800. If he Social Security is 6.2% on $127,200 and Medicare is 1.45% on all earnings. (Round to the nearest cent as needed.) 囲(Click the icon to view the Single Persons-Biweekly Payroll Period federal income tax withholding table. The amount of Thomas Carey's deduction for FIT is $ The amount of Thomas Carey's deduction for FICA (OASDI) is $ The amount of Thomas Carey's deduction for FICA Medicare is $ Data Table And the wages are- At least But less than $820 840 860 880 880 860g00 820 840 920 920 940 960/960 980 940 980 1,000
Data Table SINGLE Persons-BIWEEKLY Payroll Period (For Wages Paid through December 31, 201X) And the wages are- And the number of wichholding allowances claimed is- 10 At least But less 0 The amount of income tax to be withheld is $25 590 93 12 14 16 18 70 31 102 105 108 35 114 71 47 980 1,000 1,000 1.020 1,020 1,040 1,040 1,060 1,060 1,080 1,0801,100 74 120 123 126 129 132 135 138 141 145 147 16 18 100 103 106 109 1,100 1,120 1,120 1,140 1,140 1,160 1,1601.180 1,180 1,200 1.200 1,220 1,220 1,240 1,2401,260 1,2601,280 1,2801,300 1,3001,320 1,320 112 115 118 121 124 127 130 133 136 139 92 95 71 74 13 15 17 101 150 153 156 159 162 104 107 110 113 116 25 165 168 142 145 72 75 13 15 122 1,340 MacBook Pro
Social Security is 62% on $127200 and Round to lhe nerest cent as needed) @iclare gion to view the Sinae Peson-Bineekly Payrol Pero, hiral kone tax witteeing ide ) The amount of Thomas Carey's ductin for fit $ re mare of Thomas Carey's delaten ke RAONDes- he anout of Thomas Ceva detenenke nCA Maue a $
0 0
Add a comment Improve this question Transcribed image text
Answer #1

Sola o pata tom the Gven ueson pay pevisd s,800 Socal secuity is 6.2% on $127(0 The federal in comea and ICA Hoes can be Calc2- cf 129 , 200-$0s,go)ト6.ay 1400X 6.2 The amount o Thoma cavey^i dedachon

Add a comment
Know the answer?
Add Answer to:
Thomas Carey, single, claiming one exemption, has cumulative eamings before this biweekly pay per...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions
  • Tom Hanson, single, claiming one exemption, has cumulative earnings before this biweekly pay period of $126,000....

    Tom Hanson, single, claiming one exemption, has cumulative earnings before this biweekly pay period of $126,000. If he is paid $1,930 this period, what will his deductions be for FIT and FICA (OASDI and Medicare)? The FICA tax rate for Social Security is 6.2% on $127,200, and Medicare is 1.45% on all earnings. Round to nearest cent as needed.

  • FIT and FICA 2. Tom Hanson, single, claiming one exemption, has cumulative earnings before this biweekly...

    FIT and FICA 2. Tom Hanson, single, claiming one exemption, has cumulative earnings before this biweekly pay period of $126,000. If he is paid $1,930 this period, what will his deductions be for FIT and FICA (OASDI and Medicare)? The FICA tax rate for Social Security is 6.2% on $127,200, and Medicare is 1.45% on all earnings. Round to nearest cent as needed. Net Pay 3. From Exercise 2, calculate Tom's net pay. The state income tax rate is 5%,...

  • Zion, Inc. has one employee who has worked January - June of the current year. The...

    Zion, Inc. has one employee who has worked January - June of the current year. The employee is single, paid weekly, and claims three allowances on her W-2. The company is in a state that has no state income taxes. The FICA Social Security tax rate is 6.2 % on the first $118,500 of wages and the FICA Medicare tax rate is 1.45% on all wages. Zion, Inc.'s FUTA tax rate is 0.6 % on the first $7,000 of wages...

  • Lisa earns $59,280 per year. She is married and claims three allowances. Assume that her employer...

    Lisa earns $59,280 per year. She is married and claims three allowances. Assume that her employer uses wage bracket tables method. Use withholding allowance, wage bracket table and IRS Publication 15. RM a cia S unee dilowances. ASSume that her emplover uses wage bracket tables method. Use withholding allowance, wage bracket table and IRS Publication 15 a. If she is paid weekly, what is her withholding per paycheck? b. If she is paid monthly, what is her withholding per paycheck?...

  • Zippy, LLC has one employee who has worked January - June of the current year. The...

    Zippy, LLC has one employee who has worked January - June of the current year. The employee is single, paid weekly, and claims three allowances on her W-2. The company is in a state that has no state income taxes. The FICA Social Security tax rate is 6.2% on the first $118.500 of wages and the FICA Medicare tax rate is 1.45% on all wages. Zippy, LLCS FUTA tax rate is 0.6% on the first $7,000 of wages and their...

  • Zion, Inc. has one employee who has worked January - June of the current year. The...

    Zion, Inc. has one employee who has worked January - June of the current year. The employee is single, paid weekly, and claims three allowances on her W-2. The company is in a state that has no state income taxes. The FICA Social Security tax rate is 6.2% on the first $118,500 of wages and the FICA Medicare tax rate is 1.45% on all wages. Zion, Inc.'s FUTA tax rate is 0.6% on the first $7,000 of wages and their...

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT