During 2018, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,500. Compute the

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During 2018, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,500. Compute the amount of FICA taxes that should be withheld from her:

HI OASDI a. 9th paycheck b. 17th paycheck c. 24th paycheck d. If Rachael Parkin's year-to-date earnings as of her 24th p

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Payroll Accounting 2018

ISBN: 978-1337291040

28th edition

Authors: Bernard J. Bieg, Judith Toland

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Question Posted: Jun 03, 2019 08:20 AM

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During 2018, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $7,500. Compute the

Question:

HI OASDI a. 9th paycheck b. 17th paycheck c. 24th paycheck d. If Rachael Parkin's year-to-date earnings as of her 24th paycheck are $180,000, and her year-end bonus is $100,000, how much is the additional 0.9% HI tax withheld?

Step by Step Answer:

a 9th paycheck b 17th paycheck 127200 7500 1...View the full answer

Payroll Accounting 2018

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