Ken Gorman is a maitre d' at Carmel Dinner Club. On February 5, his gross pay was

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Ken Gorman is a maitre d' at Carmel Dinner Club. On February 5, his gross pay was $800 (three days working, one paid vacation day, and one paid sick day). He also reported to his employer tips of $900 for the previous month (applicable taxes to be deducted out of this pay). Gorman belongs to the company's 401(k) plan and has 5 percent of his gross pay ($800) deducted each week (salary reduction). Carmel Dinner Club also provides a matching contribution ($40) into the plan for Gorman. This week's pay would have a:
a. Deduction for OASDI tax ............ $__________
b. Deduction for HI tax ....................... $__________
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Related Book For  answer-question

Payroll Accounting 2016

ISBN: 978-1337072649

26th edition

Authors: Bernard J. Bieg, Judith Toland

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