Question: Module 5 Assignment - Part 1 Cull and CO ( ENN 3 5 - 3 3 3 3 3 3 3 ) has 2 employees

 Module 5 Assignment - Part 1 Cull and CO (ENN 35-3333333)

Module 5 Assignment - Part 1
Cull and CO (ENN 35-3333333) has 2 employees during the 4th quarter. Everyone is paid weekly. Larry eams $19? our and Marie is salaried and will earn $3,570 this pay period. They work 40 hours per week for 13 weeks in the quarter (assume Dec. has the 5th week). This is the 48thnay(firstnayofDec),
\table[[,401K,Medical Prem.,Flexible Sp.,United Way donation,Child Support],[Larry,100,90,80,120,75],[Marie,320,110,90,0,0]]
What is Larry's Federal taxable income?
What is Marie's Medicare taxable income?
What is Marie's Social Security taxable income?
What is Marie's Federal taxable income?
has 2 employees during the 4th quarter. Everyone is paid weekly. Larry

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