Employee #1 BJ Ingle's gross wages are $1,000. The federal income tax withheld is $115.00, FICA...
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Employee #1 BJ Ingle's gross wages are $1,000. The federal income tax withheld is $115.00, FICA is 6.5% tax rate, and Medicare is 1.5% tax rate of his gross wages. State income tax is $79.00. What is his net pay? Employee #1 BJ Ingle's gross wages are $1,000. The federal income tax withheld is $115.00, FICA is 6.5% tax rate, and Medicare is 1.5% tax rate of his gross wages. State income tax is $79.00. What is his net pay?
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To calculate BJ Ingles net pay we need to subtract all the taxes and w... View the full answer
Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
Posted Date:
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