Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and...

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Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. Round your answers to the nearest cent. If an amount is zero, enter "0". a. Name and Title Hanks, Timothy, President Grath, John, VP Finance James, Sally, VP Sales Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel Grant, Mary, VP Secretary b. Name and Title Hanks, Timothy, President Grath, John, VP Finance James, Sally, VP Sales Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel Grant, Mary, VP Secretary Annual OASDI Taxable Salary Earnings $164,340 138,720 69,600 52,800 46,800 46,800 Annual Salary $164,340 138,720 69,600 52,800 46,800 46,800 OASDI Taxable Earnings $ November 15 OASDI Tax HI Taxable Earnings December 31 OASDI Tax HI Taxable Earnings $ $ HI Tax HI Tax Compute the FICA taxes to be withheld from each officer's pay on (a) November 15 and (b) December 31. Round your answers to the nearest cent. If an amount is zero, enter "0". a. Name and Title Hanks, Timothy, President Grath, John, VP Finance James, Sally, VP Sales Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel Grant, Mary, VP Secretary b. Name and Title Hanks, Timothy, President Grath, John, VP Finance James, Sally, VP Sales Kimmel, Joan, VP Mfg. Wie, Pam, VP Personnel Grant, Mary, VP Secretary Annual OASDI Taxable Salary Earnings $164,340 138,720 69,600 52,800 46,800 46,800 Annual Salary $164,340 138,720 69,600 52,800 46,800 46,800 OASDI Taxable Earnings $ November 15 OASDI Tax HI Taxable Earnings December 31 OASDI Tax HI Taxable Earnings $ $ HI Tax HI Tax

Answer rating: 100% (QA)

To compute the FICA Federal Insurance Contributions Act taxes for each officers pay on November 15 and December 31 we need to calculate the OASDI OldAge Survivors and Disability Insurance and HI Hospi... View the full answer