1 In addition to federal income tax, social security, and Medicare, Ellen pays 2.4% state income tax, insurance, $135.31 to the credit union, and $20 to the United Way. % for state disability insurance (both based on gross earnings), $35.18 for term life 2 Fill out the following payroll voucher for Ellen for the month of September. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee: Ellen Boxwood Tax Filing Status: Married く SSN: 999-99-9999 Withholding Allowances: 3 Full-time Pay Period From September to -Select-- ✓ Primary Withholdings: Additional Withholdings: Federal income tax $ Term life $ Social Security $ Credit union $ Medicare $ United Way $ State income tax $ State disability $ Gross earnings: $ Total withholdings: $

College Accounting, Chapters 1-27 (New in Accounting from Heintz and Parry)
22nd Edition
ISBN:9781305666160
Author:James A. Heintz, Robert W. Parry
Publisher:James A. Heintz, Robert W. Parry
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 5SEB: JOURNAL ENTRIES FOR PAYMENT OF EMPLOYER PAYROLL TAXES Francis Baker owns a business called Baker...
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1
In addition to federal income tax, social security, and Medicare, Ellen pays 2.4% state income tax,
insurance, $135.31 to the credit union, and $20 to the United Way.
% for state disability insurance (both based on gross earnings), $35.18 for term life
2
Fill out the following payroll voucher for Ellen for the month of September. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400.
Medicare Tax is 1.45% of all gross wages.)
Payroll Voucher
Employee:
Ellen Boxwood
Tax Filing Status:
Married
く
SSN:
999-99-9999
Withholding Allowances:
3
Full-time Pay Period From September
to -Select-- ✓
Primary Withholdings:
Additional Withholdings:
Federal income tax
$
Term life
$
Social Security
$
Credit union
$
Medicare
$
United Way
$
State income tax
$
State disability
$
Gross earnings: $
Total withholdings: $
Transcribed Image Text:1 In addition to federal income tax, social security, and Medicare, Ellen pays 2.4% state income tax, insurance, $135.31 to the credit union, and $20 to the United Way. % for state disability insurance (both based on gross earnings), $35.18 for term life 2 Fill out the following payroll voucher for Ellen for the month of September. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages.) Payroll Voucher Employee: Ellen Boxwood Tax Filing Status: Married く SSN: 999-99-9999 Withholding Allowances: 3 Full-time Pay Period From September to -Select-- ✓ Primary Withholdings: Additional Withholdings: Federal income tax $ Term life $ Social Security $ Credit union $ Medicare $ United Way $ State income tax $ State disability $ Gross earnings: $ Total withholdings: $
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