Question: Section BDIRECTIONS: Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage bases: Employees
| Section BDIRECTIONS: Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage bases: Employees and Employers OASDI6.2% both on $118,500; HI1.45% for employees and employers on the total wages paid. Employees Supplemental HI of 0.9% on wages in excess of $200,000 was not applicable in these problems.
During 2017, Amanda Hines, president of Dunne, Inc., was paid a semimonthly salary of $6,800. Determine the following amounts. (2 points for each | ||||||
| correct answer) | ||||||
| OASDI | HI | |||||
| (a) The amount of FICA taxes to withhold from her 9th pay is............................................................................................................................ | $ | $ | ||||
| (b) The amount of FICA taxes to withhold from her 18th pay is.......................................................................................................................... | $ | $ | ||||
| (c) The amount of FICA taxes to withhold from her 24th pay is.......................................................................................................................... | $ | $ |
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