Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he
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Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($500.00), and the employer withholds the appropriate taxes for the tips from this first pay in March.
Calculate his net take-home pay assuming the employer withheld federal income tax (wage-bracket, married, 2 allowances ) social security taxes, and state income tax (2%) ...................... $................
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Gross pay 30000 Federal income tax on 80000 5500 Soc...View the full answer
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