During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,000. Compute the amount of FICA taxes that should be withheld from her. Note: Rachael's tax return status is single. If an amount is zero, enter "0". OASDI a. 9th paycheck b. 17th paycheck c. 22nd paycheck d. If Lopez's year-to-date earnings as of her 24th paycheck are $216,000, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be deducted for the year? $ 558 186 0 ✓ ✓ ✓ $ $ $ HI 1,044
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,000. Compute the amount of FICA taxes that should be withheld from her. Note: Rachael's tax return status is single. If an amount is zero, enter "0". OASDI a. 9th paycheck b. 17th paycheck c. 22nd paycheck d. If Lopez's year-to-date earnings as of her 24th paycheck are $216,000, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be deducted for the year? $ 558 186 0 ✓ ✓ ✓ $ $ $ HI 1,044
College Accounting (Book Only): A Career Approach
13th Edition
ISBN:9781337280570
Author:Scott, Cathy J.
Publisher:Scott, Cathy J.
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 7E
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Question
![Example 3-1
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,000. Compute the amount of FICA taxes that should be withheld from her.
Note: Rachael's tax return status s single. If an amount is zero, enter "0".
a. 9th paycheck
b. 17th paycheck
c. 22nd paycheck
d. If Lopez's year-to-date earnings as of her
24th paycheck are $216,000, and her
year-end bonus is $100,000, how much
additional 0.9% HI tax would be deducted
for the year?
$
$
OASDI
558
186
✓
0 ✓
$
HI
1,044 ✔](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F27158a1d-343e-4949-adf1-1c3f276aca2e%2Fb69b3673-9353-4481-b5da-c861db2ae25b%2Fni5ip39_processed.png&w=3840&q=75)
Transcribed Image Text:Example 3-1
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,000. Compute the amount of FICA taxes that should be withheld from her.
Note: Rachael's tax return status s single. If an amount is zero, enter "0".
a. 9th paycheck
b. 17th paycheck
c. 22nd paycheck
d. If Lopez's year-to-date earnings as of her
24th paycheck are $216,000, and her
year-end bonus is $100,000, how much
additional 0.9% HI tax would be deducted
for the year?
$
$
OASDI
558
186
✓
0 ✓
$
HI
1,044 ✔
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