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The employees of Lillian's Interiors are paid on a semimonthly basis. All employees are single. Required: Compute the FICA taxes for the employees for December 31, 2021, pay period. All employees have been employed for the entire calendar year. (Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.) Employee W. Babish G. Hanoush R. Fezzeti T. Gomez N. Bertraud R. LaPonte Semimonthly Pay $ $ $ $ $ $ 8,395 6,345 9,320 4,620 5,775 5,020 YTD Pay for 12-15-2021 Social Security Tax for 12-31-2021 Pay Help Medicare Tax for 12-31-2021 Pay

The employees of Lillian's Interiors are paid on a semimonthly basis. All employees are single. Required: Compute the FICA taxes for the employees for December 31, 2021, pay period. All employees have been employed for the entire calendar year. (Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.) Employee W. Babish G. Hanoush R. Fezzeti T. Gomez N. Bertraud R. LaPonte Semimonthly Pay $ $ $ $ $ $ 8,395 6,345 9,320 4,620 5,775 5,020 YTD Pay for 12-15-2021 Social Security Tax for 12-31-2021 Pay Help Medicare Tax for 12-31-2021 Pay

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Im not sure how to calculate YTD

The employees of Lillian's Interiors are paid on a semimonthly basis. All employees are single. Required: Compute the FICA taxes for the employees for December 31, 2021, pay period. All employees have been employed for the entire calendar year. (Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.) Employee W. Babish G. Hanoush R. Fezzeti T. Gomez N. Bertraud R. LaPonte Semimonthly Pay $ LA $ $ $ $ SA $ 8,395 6,345 9,320 4,620 5,775 5,020 YTD Pay for 12-15-2021 Social Security Tax for 12-31-2021 Pay Help Medicare Tax for 12-31-2021 Pay
Transcribed Image Text:The employees of Lillian's Interiors are paid on a semimonthly basis. All employees are single. Required: Compute the FICA taxes for the employees for December 31, 2021, pay period. All employees have been employed for the entire calendar year. (Round "Social Security Tax" and "Medicare Tax" to 2 decimal places.) Employee W. Babish G. Hanoush R. Fezzeti T. Gomez N. Bertraud R. LaPonte Semimonthly Pay $ LA $ $ $ $ SA $ 8,395 6,345 9,320 4,620 5,775 5,020 YTD Pay for 12-15-2021 Social Security Tax for 12-31-2021 Pay Help Medicare Tax for 12-31-2021 Pay
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