The names of the employees of Hogan Thrift Shop are listed on the following payroll register....

 

 

Transcribed Image Text:

The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same all year. Complete the payroll register for the payroll period ending December 20, 20--, the 51st weekly payday. The state income tax rate is 3.1% of total earnings, the city income tax rate is 1% of the total gross earnings, and the wage-bracket method is used for federal income taxes. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. As we go to press, the federal income tax rates for 2024 are being determined by budget talks in Washington, and are not available for publication. For this edition, the 2023 federal income tax tables for Manual Systems with Forms W-4 From 2020 or Later with Standard Withholding and 2023 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. FOR PERIOD ENDING December 20, 20-- Hogan Thrift Shop Payroll Register (a) FICA Employee Name Filing No. of W/H Status Allowances Total Earnings OASDI Gold, Ken MFJ N/A $1,900.00 Morton, Cam S N/A 690.00 Wendal, Hal MFJ N/A 675.00 Cox, Debbie S N/A 510.00 Hurley, Don S N/A 1,010.00 Hand, Cheryl S N/A 850.00 Welsh, Ronda S N/A 590.90 Ruiz, Stacy MFJ N/A 611.15 Totals $6,837.05 Deductions (b) (c) HI FIT SIT Compute the employer's FICA taxes for the pay period ending December 20, 20--. OASDI Taxes OASDI taxable earnings HI Taxes HI taxable earnings (d) CIT The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same all year. Complete the payroll register for the payroll period ending December 20, 20--, the 51st weekly payday. The state income tax rate is 3.1% of total earnings, the city income tax rate is 1% of the total gross earnings, and the wage-bracket method is used for federal income taxes. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. As we go to press, the federal income tax rates for 2024 are being determined by budget talks in Washington, and are not available for publication. For this edition, the 2023 federal income tax tables for Manual Systems with Forms W-4 From 2020 or Later with Standard Withholding and 2023 FICA rates have been used. Click here to access the Wage-Bracket Method Tables. FOR PERIOD ENDING December 20, 20-- Hogan Thrift Shop Payroll Register (a) FICA Employee Name Filing No. of W/H Status Allowances Total Earnings OASDI Gold, Ken MFJ N/A $1,900.00 Morton, Cam S N/A 690.00 Wendal, Hal MFJ N/A 675.00 Cox, Debbie S N/A 510.00 Hurley, Don S N/A 1,010.00 Hand, Cheryl S N/A 850.00 Welsh, Ronda S N/A 590.90 Ruiz, Stacy MFJ N/A 611.15 Totals $6,837.05 Deductions (b) (c) HI FIT SIT Compute the employer's FICA taxes for the pay period ending December 20, 20--. OASDI Taxes OASDI taxable earnings HI Taxes HI taxable earnings (d) CIT