Question: Please help with these questions. My formula isnt working in I 5 or K 5 . Insert a VLOOKUP function in cell I 5 to
Please help with these questions. My formula isnt working in I or K Insert a VLOOKUP function in cell I to identify and calculate the federal withholding tax. With a taxable pay of $ Spencers tax rate is and the withholding tax is $ The VLOOKUP function returns the applicable tax rate, which you must then multiply by the taxable pay.
Calculate FICA in cell J based on gross pay and the FICA rate, and calculate the net pay in cell K Copy all formulas down their respective columns. Be sure to preserve the existing formatting in the document. Based on the hours Spencer worked he paid $ to FICA and had a weekly net pay of $ Use Quick Analysis tools to calculate the total regular pay, overtime pay, gross pay, taxable pay, withholding tax, FICA, and net pay on row On a Mac, this step must be completed using the AutoSum feature on the ribbon.
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