CPP 6-1 Complete 4th Quarter and Year-End Payroll Reporting (#1)

Calculate total federal income tax, Social Security tax, and Medicare tax for the 4th quarter. Assume that Zachary Fox earns the same amount for each of the final three weeks of the year (the only weeks in 2017 during which he worked) and that Calvin Bell earned the same amount during each of the 52 weeks of the year. Further assume that no changes to voluntary deductions were requested by any employee during 2017. Note that the final week of the year (beginning on December 25, 2017) is a full workweek (the 52nd workweek of 2017).

Notes:

For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.

Payroll Register

Employee Earnings Records for Pay Period Ending 12/17/2017

Employee Earnings Records Year to Date

Open Directions in Popup Window

	FWT	Social Security	Medicare

Zachary Fex Durham, NC Nand Calvin Bel Sngle 2222 Sacker Flace Durham NC 27701 500-0000 David Aluxansar Durham, NC 54-54-5454 27701 Micheell Siems 200 Missisoipe Roo Durham NC 27701 232-32-3232 Zachary Fex Durham, NC Nand Calvin Bel Sngle 2222 Sacker Flace Durham NC 27701 500-0000 David Aluxansar Durham, NC 54-54-5454 27701 Micheell Siems 200 Missisoipe Roo Durham NC 27701 232-32-3232