Question: Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $50 each week to

Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $50 each week to her company's 401(k) plan and has $40 put into her health savings account (nonqualified) each week. Her employer matches this $40 each week.

Determine Whiteweiler's take-home pay if she is single and claims 2 allowances (use the wage-bracket method).

Enter deductions beginning with a minus sign (-). Round your calculations and final answers to the nearest cent.

Click here to access the Wage-Bracket Method Tables.

Gross pay $
HSA contributions
401(k) deductions
OASDI tax
HI tax
FIT
Net pay

$

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!