yanygonzalez16
22.07.2020 •
Business
You would like to have extra spending money, so you decide to work part time at the local gym. The job pays you $15 per hour and you work 20 hours per week. Your employer withholds 10% of your gross pay for federal taxes, 7.65% for FICA taxes and 3% for state taxes.
a. What is your weekly gross pay?
b. How much is withheld per week for federal tax?
c. How much is withheld per week for FICA taxes?
d. How much is withheld per week for state taxes?
e. What is your weekly net pay?
f. What percentage of your gross net pay is withheld for taxes?
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Ответ:
Gross Pay 300 dollar
Federal Income Tax $ 30
FICA $ 22.95
SUTA $ 9
Net Pay: 238.05
As a percentage of gross pay: 79.35%
Explanation:
Gross pay:
20 hours x $15 each = $ 300
Taxes:
income tax: 300 x 10% = 30
FICA 300 x 7.65% = 22.95
SUTA taxes 300 x 3% = 9
Net pay 300 - 30 - 22.95 - 9 = 238.05
Net pay as a percentage of gross pay:
238.05 / 300 = 0.7935 = 79.35%
Ответ: