Question: Section B-DIRECTIONS: Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage bases: Employees'

 Section B-DIRECTIONS: Complete Problems 1 and 2 by recording your answers

Section B-DIRECTIONS: Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage bases: Employees' and Employer's OASDI6.2% both on S137,700; H1.45% for employees and employers on the total wages paid. Employees' Supplemental Hl of 0.9% on wages in excess of S200,000 was not applicable in these problems. 1. During 20-, Amanda Hines, president of Dunne, Inc., was paid a semimonthly salary of $7,500). Determine the following amounts. (2 points for each correct answer) OASDI HI (a) The amount of FICA taxes to withhold from her 9th pay (b) The amount of FICA taxes to withhold from her 19th pay is (c) The amount of FICA taxes to withhold from her 24th pay is 2. Karlie Hastings is a writer (employee) for the Santa Fe Gazette and has an annual salary of $59,000. This year, she also realized not self-employment earnings of $85,000 from a book she wrote. What portion of her self-employment camnings is subject to the two parts of the social security tax? (5 points for each correct answer) () OASDI taxable self-employment camnings, (c) OASDI self-employment tax (b) HI taxable self-employment earnings (d) HI self-employment tex. 3. At Haddon, Inc., the office workers are employed for a 40-hour workweek and are paid on either an annual, monthly, or hourly basis. All office workers are entitled to overtime pay for all hours worked beyond 40 each workweek at 17 times the regular hourly rates On the form below, calculate for each worker: (a) regular camnings, (b) overtime carnings. (c) total regular and overtime carnings. (d) FICA taxable wages, (e) FICA taxes to be withheld, and () net pay for the week ended December 26, 20- Assume that there are 52 weekly payrolls in 20- Also, determine the total for each of these six items. ( point for each correct answer) Weekly Payroll for Period Ending December 26, 20- Total Reg. Cumulative FICA Hours Regular Overtime and O/T Taxable Wages Taxable Wagos FICA Taxes Net Employee Salary Worked Eamings Earnings Earnings as of Last Pay This Pay Period to be withheld (A) (B) (C) Period (12/19/) (D) (E) (F) OASDI HI OASDI HI OFFICE S137.800 King.M pery $135,150.00 S6.500 Manera, 576.500.00 53.900 Tales PET 48 $45.900.00 512.50 Yee. per hr 44 $27.675.13 PLANT S12.50 DiR 48 $14.778.96 $14.50 Zaps, 52 $24.703.02 Total Employer's FICA Taxes: OASIS HIS Pay Tema per hr Section B-DIRECTIONS: Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage bases: Employees' and Employer's OASDI6.2% both on S137,700; H1.45% for employees and employers on the total wages paid. Employees' Supplemental Hl of 0.9% on wages in excess of S200,000 was not applicable in these problems. 1. During 20-, Amanda Hines, president of Dunne, Inc., was paid a semimonthly salary of $7,500). Determine the following amounts. (2 points for each correct answer) OASDI HI (a) The amount of FICA taxes to withhold from her 9th pay (b) The amount of FICA taxes to withhold from her 19th pay is (c) The amount of FICA taxes to withhold from her 24th pay is 2. Karlie Hastings is a writer (employee) for the Santa Fe Gazette and has an annual salary of $59,000. This year, she also realized not self-employment earnings of $85,000 from a book she wrote. What portion of her self-employment camnings is subject to the two parts of the social security tax? (5 points for each correct answer) () OASDI taxable self-employment camnings, (c) OASDI self-employment tax (b) HI taxable self-employment earnings (d) HI self-employment tex. 3. At Haddon, Inc., the office workers are employed for a 40-hour workweek and are paid on either an annual, monthly, or hourly basis. All office workers are entitled to overtime pay for all hours worked beyond 40 each workweek at 17 times the regular hourly rates On the form below, calculate for each worker: (a) regular camnings, (b) overtime carnings. (c) total regular and overtime carnings. (d) FICA taxable wages, (e) FICA taxes to be withheld, and () net pay for the week ended December 26, 20- Assume that there are 52 weekly payrolls in 20- Also, determine the total for each of these six items. ( point for each correct answer) Weekly Payroll for Period Ending December 26, 20- Total Reg. Cumulative FICA Hours Regular Overtime and O/T Taxable Wages Taxable Wagos FICA Taxes Net Employee Salary Worked Eamings Earnings Earnings as of Last Pay This Pay Period to be withheld (A) (B) (C) Period (12/19/) (D) (E) (F) OASDI HI OASDI HI OFFICE S137.800 King.M pery $135,150.00 S6.500 Manera, 576.500.00 53.900 Tales PET 48 $45.900.00 512.50 Yee. per hr 44 $27.675.13 PLANT S12.50 DiR 48 $14.778.96 $14.50 Zaps, 52 $24.703.02 Total Employer's FICA Taxes: OASIS HIS Pay Tema per hr

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