Using the income tax withholding table in Figure 3, pages 302 303, for each employee of Miller
Question:
Using the income tax withholding table in Figure 3, pages 302– 303, for each employee of Miller Company, determine the net pay for the week ended January 21. Assume a Social Security tax of 4.2 percent and a Medicare tax of 1.45 percent. All employees have cumulative earnings, including this pay period, of less than $ 106,800. Assume that all employees aremarried.
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Federal Social Income Securty Medicare Union Tax Employee AllowancesEanings Withheld Withheld Withheld Withheld Contribution Net Pay Total Tax Dues United Way ax a. Aston, F. B. b. Dwyer, S.J c. Flynn, K. A. d. Harden, I L e. Nguyen, H 25.00 S 900.00 S 920.00 1,110.00 35.00 35.00 40.00 40.00 35.00 3 25.00 25.00 25.00 $125.00 1025.00 925.00 Totals $4,880.00 S 185.00s
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Related Book For
College Accounting
ISBN: 978-1111528126
11th edition
Authors: Tracie Nobles, Cathy Scott, Douglas McQuaig, Patricia Bille
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