For each of the deductions listed, indicate whether it is a mandatory deduction or a voluntary...

 

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For each of the deductions listed, indicate whether it is a mandatory deduction or a voluntary deduction: 1. Medicare tax 2. State income tax withholding 3. Union dues 4. Federal income tax withholding 5. Medical plans PSa 3-2 Calculate Gross Pay and Taxable Pay For each employee, first calculate gross pay. Then determine taxable income used to calculate federal income tax withholding, Social Security tax, and Medicare tax. 1. An employee works 47 hours (seven were overtime hours) during a workweek in December of 2019. He earns $39/hour, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $131,050 during the year. He has requested that his employer withhold 6% of gross pay, which is to be contributed to a 401(k) plan. 2. An employee works 39 regular hours during a workweek in August of 2019. He was hired six years ago, earns a salary of $116,500/year, and is exempt from the overtime provisions of the FLSA. To date, he has received no compensation beyond his annual salary. He has requested that his employer withhold 12% of gross pay, which is to be contributed to a 403(b) plan. 3. An employee works 51 hours (11 were overtime hours) during a workweek in December of 2019. He earns $10,000/month, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $134,200 during the year. He has requested that his employer withhold 9% of gross pay, which is to be contributed to a 401(k) plan. For each of the deductions listed, indicate whether it is a mandatory deduction or a voluntary deduction: 1. Medicare tax 2. State income tax withholding 3. Union dues 4. Federal income tax withholding 5. Medical plans PSa 3-2 Calculate Gross Pay and Taxable Pay For each employee, first calculate gross pay. Then determine taxable income used to calculate federal income tax withholding, Social Security tax, and Medicare tax. 1. An employee works 47 hours (seven were overtime hours) during a workweek in December of 2019. He earns $39/hour, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $131,050 during the year. He has requested that his employer withhold 6% of gross pay, which is to be contributed to a 401(k) plan. 2. An employee works 39 regular hours during a workweek in August of 2019. He was hired six years ago, earns a salary of $116,500/year, and is exempt from the overtime provisions of the FLSA. To date, he has received no compensation beyond his annual salary. He has requested that his employer withhold 12% of gross pay, which is to be contributed to a 403(b) plan. 3. An employee works 51 hours (11 were overtime hours) during a workweek in December of 2019. He earns $10,000/month, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $134,200 during the year. He has requested that his employer withhold 9% of gross pay, which is to be contributed to a 401(k) plan.

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1 The employees gross pay for the week is 1853 The amount of taxable income used to calculate federa... View the full answer