Compute the net pay for Mehdi Gamal and Deion Green. Assume that they are paid biweekly, subject

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Compute the net pay for Mehdi Gamal and Deion Green. Assume that they are paid biweekly, subject to federal income tax (use the wage-bracket method in Appendix C) and FICA taxes, and have no other deductions from their pay. Mehdi’s deduction, if he chooses to participate in the cafeteria plan, is $75; Deion’s is $250. There is no deduction if they do not participate in the cafeteria plan. The cafeteria plan qualifies for Section 125. There are no state income taxes, and you do not need to complete the number of hours. All W-4s were received in 2022, and there is no information for Step 4. Deion did check the box in Step 2.

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Payroll Accounting 2023

ISBN: 9781264415618

9th Edition

Authors: Jeanette M. Landin, Paulette Schirmer

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