Sarah Martinez's weekly gross earnings for the week ending April 15 were $1,800. Her federal income tax withholding is $325.80. Calculate Sarah's net pay if the social security tax rate is 6.2% and Medicare tax is 1.45% of all earnings.

College Accounting (Book Only): A Career Approach
12th Edition
ISBN:9781305084087
Author:Cathy J. Scott
Publisher:Cathy J. Scott
Chapter7: Employee Earnings And Deductions
Section: Chapter Questions
Problem 5E
icon
Related questions
Question

Sarah martinez weekly gross earning for the solve this question general Accounting

Sarah Martinez's weekly gross earnings for the week ending April 15
were $1,800. Her federal income tax withholding is $325.80. Calculate
Sarah's net pay if the social security tax rate is 6.2% and Medicare tax is
1.45% of all earnings.
Transcribed Image Text:Sarah Martinez's weekly gross earnings for the week ending April 15 were $1,800. Her federal income tax withholding is $325.80. Calculate Sarah's net pay if the social security tax rate is 6.2% and Medicare tax is 1.45% of all earnings.
Expert Solution
steps

Step by step

Solved in 2 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781305084087
Author:
Cathy J. Scott
Publisher:
Cengage Learning
College Accounting (Book Only): A Career Approach
College Accounting (Book Only): A Career Approach
Accounting
ISBN:
9781337280570
Author:
Scott, Cathy J.
Publisher:
South-Western College Pub