James Smith earned $3,200 gross pay for the week ending July 15th. Federal tax withholding is $680. Social security rate is 6.2% and Medicare rate is 1.5%.
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- Todd Hackworth’s weekly gross earnings for the week ending December 18 were $2,000, and his federal income tax withholding was $396.19. Prior to this week, Hackworth had earned $98,500 for the year. Assuming the social security rate is 6% on the first$100,000 of annual earnings and Medicare is 1.5% of all earnings, what is Hackworth’s net pay?Kenneth Washington's weekly gross earnings for the week ended April 22 were $1,000, and his federal income tax withholding was $180. Assuming the social security rate is 6% and Medicare is 1.5%, what is Kenneth's net pay?.
- Carmen Flores’ weekly gross earnings for the week ending Dec. 7th were $3,000, and her federal income tax withholding was $580. Prior to this week Flores had earned $99,000 for the year. Assuming the social security rate is 6% on the first $100,000 of annual earnings and Medicare is 1.5% of all earnings, what is Flores’ net pay?Marsha Mellow’s weekly gross earnings for the week ended May 23 were $1,250, and her federal income tax withholding was $201.65. Assuming that the social security rate is 6% and Medicare is 1.5% of all earnings, what is Mellow’s net pay?Marsha Mellow's weekly gross earning for the week ended May 23 were $1,250 and her federal income tax withholding was $204.95. Assuming the social security rate is 6.2% and Medicare if 1.45%, what is Mellow's net pay?
- Baker Green's weekly gross earnings for the week ending December 7 were $1,800, and her federal income tax withholding was $216. Prior to this week Green had earned $98,000 for the year. Assuming the social security rate is 6.0% and Medicare is 1.5%, what is Green's net pay? Round your answer to the nearest whole dollar.$___________Baker Green's weekly gross earnings for the week ending December 7 were $2,800, and her federal income tax withholding was $336. Assuming the social security rate is 6% and Medicare is 1.5%, and all earnings are subject to FICA taxes, what is Green's net pay? Round your answer to the nearest whole dollar.What is Friedman net pay ?
- Matty Kim, an accountant for Vernitron, earned $120,900 from January to June. Matty earned $20,000. Assume a tax rate of 6.2% for Social Security on $128,400 and 1.45 on Medicare. How much are the July taxes for Social Security and Medicare? Social Security MedicareBaker Green's weekly gross earnings for the week ending December 7 were $3,200, and her federal income tax withholding was $384. Assuming the social security rate is 6.0%, the Medicare rate is 1.5%, and all earnings are subject to FICA taxes, what is Green's net pay? Round your answer to the nearest whole dollar. ?Steven McFarland's weekly gross earnings for the week ending March 9 were $1,180, and her federal income tax withholding was $212.40. Assuming the social security tax rate is 6% and Medicare tax is 1.5% of all earnings, what is McFarland's net pay? If required, round your answer to two decimal places.
