Alex has had $824.50 deducted in Employment Insurance premiums to date. What would be the withholding for Employment Insurance on his next biweekly pay of $3,400.00? Also show the employer's premium, assuming the employer has a reduced Employment Insurance premium rate of 1.58.
Alex has had $824.50 deducted in Employment Insurance premiums to date. What would be the withholding for Employment Insurance on his next biweekly pay of $3,400.00? Also show the employer's premium, assuming the employer has a reduced Employment Insurance premium rate of 1.58.
Chapter4: Gross Income: Concepts And Inclusions
Section: Chapter Questions
Problem 19DQ
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sharad
![Alex has had $824.50 deducted in Employment Insurance premiums to date. What would be the withholding
for Employment Insurance on his next biweekly pay of $3,400.00? Also show the employer's premium,
assuming the employer has a reduced Employment Insurance premium rate of 1.58.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd5eb6217-833c-4d24-896f-a291778fccc6%2F5b12c189-baf0-4bcc-ad98-70588fa2c72c%2Fwqz972m_processed.png&w=3840&q=75)
Transcribed Image Text:Alex has had $824.50 deducted in Employment Insurance premiums to date. What would be the withholding
for Employment Insurance on his next biweekly pay of $3,400.00? Also show the employer's premium,
assuming the employer has a reduced Employment Insurance premium rate of 1.58.
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