Question: I need help with this please Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Calculate the net pay from the information
I need help with this please Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Calculate the net pay from the information provided below for the November 15 pay date. Assume that all wages are subject to Social Security and Medicare taxes. All 401(k) and Section 125 amounts are pre-tax deductions. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later inAppendix C to compute federal income taxes. You do not need to complete the number of hours.
Note: Round your intermediate calculations and final answers to 2 decimal places.
Required:
W. Packer
Married or Joint, two dependents
Annual pay: $43,900
401(k) deduction: $125 per pay period
K. Ela
Married or Separate, two dependents
Annual pay: $53,880
401(k) deduction: $250 per pay period
G. Laureano
Single, no dependents, Box 2 not checked
Annual pay: $50,880
Section 125 deduction: $75 per pay period
401(k) deduction: $50 per pay period
T. Spraggins
Married or Joint, one dependent
Annual pay: $43,320
United Way deduction: $50 per pay period
Garnishment: $50 per pay period
M. Christman
Single, two dependents
Annual pay: $67,200
Section 125 deduction: $50 per pay period
401(k) deduction: 6 percent of gross pay per pay period
J. Cherry
Married or Joint, one other dependent, Box 2 checked
Annual pay: $49,240
401(k) deduction: $75 per pay period

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