Question: HW Problem part 1 - Module 6 The following 2 employees are PAID monthly and this is the last payday of the year (Dec). Pay

HW Problem part 1 - Module 6 The following 2
HW Problem part 1 - Module 6 The following 2 employees are PAID monthly and this is the last payday of the year (Dec). Pay for each employee and their amount of deductions each pay has changed over the year, thus I will provide their total prior pay. 1. Katie S . Dec. gross pay $16,900 Prior 11 months wages - Gross: $185,900 Federal taxable: $161,700 Social Security taxable: $168,600 Medicare taxable: $170,500 Katie's December deductions from regular pay: a. Child Support $1,300 b. 401K $800 c. Red Cross Donation $50 d. Ivy Tech Foundation donation $130 e. Medical Prem. $900 f. HSA $500 2. John D.. Dec. regular pay $16,100 Prior 11 months wages - Gross: $177,100 Federal taxable: $151,800 Social Security taxable: $159,500 Medicare taxable: $159,500 John's December deductions from regular pay: a. 401K $700 b. Back Federal taxes garnishment $1,300 c. Medical Ins. Prem. $850 d. Flexible Spending for dependents $400 e. Medical Flexible Spending $350

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