During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,825. Compute...

Transcribed Image Text:

During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,825. Compute the amount of FICA taxes that should be withheld from her: a. 9th paycheck b. 17th paycheck c. 20th paycheck d. If Lopez's year-to-date earnings as of her 24th paycheck are $235,800, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be withheld for the year? 3-37 OASDI HI $ S $ $ $ S S During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,825. Compute the amount of FICA taxes that should be withheld from her: a. 9th paycheck b. 17th paycheck c. 20th paycheck d. If Lopez's year-to-date earnings as of her 24th paycheck are $235,800, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be withheld for the year? 3-37 OASDI HI $ S $ $ $ S S

Answer rating: 100% (QA)

To compute the amount of FICA taxes OASDI and HI that should be withheld from Rachael Lopezs semimon... View the full answer