Charles had the following income during the year: a. 13th month pay, 18,000 b. SSS, Pag-ibig and PHIC, 14,549 c. Basic Salary, 240,500 d. Overtime Pay, 32,000, e. Holiday pay, 21,000 f. Hazard pay, 12,000.   The income tax due of Charles is: a. 15,000 b. 11,100 c. 14,700 d. 12,300

Weekly ............................ $ 79.80 is her weekly witholding.

Using the TRAIN ACT TAX CODE below how much annual tax will be paid by Juan who earns Php. 45,000 a month and had a monthly contributions of the following: GSIS

Assume the FUTA tax rate is 0.6% and the SUTA tax rateis 5.4%. Both taxes are applied to the first $7,000 of anemployee’s pay. What is the total unemployment tax anemployer must pay on an employee’s annual wages of$40,000? a. $2,400 b. $420 c. $42 d. $378 e. $0; employee’s wages exceed the $7,000 maximum.

Kenneth McFarland's weekly gross earnings for the week ending March 9 were $2,170, and her federal income tax withholding was $390.60. Assuming the social security tax rate is 6% and Mcdicarc tax is 1.5% of all carnings, what is McFarland's net pay? If required, round your answer to two decimal places.

1. Richard's monthly salary is $8,600.   Income tax schedule First $3,000.. no tax $3,001 to $5,000....10% Above $5,000....28%   Required: a) Compute his total income tax liability  b) Compute his net pay

Compute for the tax due of the following individuals using the RA 10963 tax table. Show computations. 1. An employee with monthly salary of P25,000, monthly allowable deductionsof P1,300, bonus of P25,000 for the year.

Garrison Shops had a SUTA tax rate of 3.7%. The state's taxable limit was $8,000 of each employee's earnings. For the year, Garrison Shops had FUTA taxable wages of $67,900 and SUTA taxable wages of $83,900. Compute: Round your answers to the nearest cent. a. Net FUTA tax $ b. Net SUTA tax $

A man earned $23,000 from wages.  Let FICA tax rates be 7.65% on the first $127,200 of income from wages, and 1.45% on any income from wages in excess of $127,200.  His FICA tax is $__

Carol Blane’s cumulative yearly earnings for the year are $29,000, counting her current payperiod salary amount of $4,500. Assume the FICA tax rate is 6.2 percent for Social Security, witha limit of $106,800, and 1.45 percent for Medicare, applied to all earnings. The FUTA tax is 0.6percent, with a limit of $7,000, and the SUTA tax is 5.4 percent, with a limit of $7,000. Theemployer's payroll tax expense entry will include a credit to: a. FICA Tax Payable for $279.00.b. FICA Tax Payable for $344.25.c. Federal Unemployment Tax Payable for $27.00.d. State Unemployment Tax Payable for $243.00.e. Federal Unemployment Tax Payable for $270.00.