Computing FICA taxes Refer to QS 9-1 What amount must Nouris employer withhold from Nouris pay for

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Computing FICA taxes Refer to QS 9-1 What amount must Nouri’s employer withhold from Nouri’s pay for Social Security (6.2%) taxes and Medicare (1.45%) taxes?

QS 9-1:

Compute gross pay for each of the following employees. An overtime rate of one and one-half times the normal hourly wage is paid for each hour worked beyond 40 hours.

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College Accounting Ch 1-14

ISBN: 9781260904314

1st Edition

Authors: John Wild, Vernon Richardson, Ken Shaw

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