Scott Salman, a travel agent, is paid on variable commission, is married , and claims four withholding
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Scott Salman, a travel agent, is paid on variable commission, is married, and claims four withholding allowances. He receives 3% of the first $20,000 in sales, 4% of the next $10,000 in sales, and 6% of all sales over $30,000.This week he has sales of $45,550 and the following deductions: FICA, Medicare, federal withholding, state disability insurance, state withholding, a retirement contribution of $45, a savings bond of $50, and charitable contributions of $20.Find his net pay after subtracting all of his deductions.
Related Book For
South Western Federal Taxation 2015 Essentials Of Taxation Individuals And Business Entities
ISBN: 9781285438290
18th Edition
Authors: James Smith, William Raabe, David Maloney, James Young
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