Question: Jimmy Paycheck earned 1 500 per month as the manager of
Jimmy Paycheck earned $1,500 per month as the manager of a recording studio. Jimmy has 25% of his earnings withheld for federal income taxes. There are no other amounts withheld except for those required by the federal government. What are the other amounts that must be deducted from Jimmy’s earnings? Calculate the net amount Jimmy will receive on his next paycheck.
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