Henry gets $15.25 per hour in a 40 hour work week. He pays $907.50 for federal...
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Henry gets $15.25 per hour in a 40 hour work week. He pays $907.50 for federal tax and he pays 12% for the state tax. Calculate and deduct the FICA tax. What is Henry's net pay for the year? What is Henry's pay bi-weekly. Michigan, so Medicare is 1.45 and FICA is 6.2 Henry gets $15.25 per hour in a 40 hour work week. He pays $907.50 for federal tax and he pays 12% for the state tax. Calculate and deduct the FICA tax. What is Henry's net pay for the year? What is Henry's pay bi-weekly. Michigan, so Medicare is 1.45 and FICA is 6.2
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Lets break down the calculations step by step Calculate Annual Earnings Henry earns 1525 per hour an... View the full answer
Related Book For
Introductory Financial Accounting for Business
ISBN: 978-1260299441
1st edition
Authors: Thomas Edmonds, Christopher Edmonds
Posted Date:
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