Examine the following partially completed payroll check stub. The employee, Melanie Galvin, is single and claims one
Question:
Examine the following partially completed payroll check stub. The employee, Melanie Galvin, is single and claims one allowance. What amount should be deducted for:
1. Medicare tax?
2. Social Security tax?
3. Federal Income tax?
Transcribed Image Text:
Employee Pay Statement Detach and retain this statement. Earnings Social Period Ending Regular Overtime Total Security Tax 1/15/20- 315.00 315.00 Med. Tax Deductions Federal State Income Income Hosp. Tax Tax Ins. Other Total 260 Net Pay
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The Medicare tax is a 38 tax but it is imposed only on a portion of a taxpayers income The tax is pa...View the full answer
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