Brad Young is married with one withholding, earns $3,600 per month.  Brad's employer pays him on a semimonthly basis.  He has two pre-tax deductions:  qualified health insurance deductions of $100 per pay and a 5% 401(k) contribution.  Brad will pay $157 in federal taxes.

Required:  What is Brad's net pay?

Answer rating: 100% (QA)

First lets calculate Brads monthly gross income Gross income p... View the full answer