1. Use the percentage method of withholding to find federal withholding tax, a 6.2% FICA rate to find FICA tax, and 1.45% to find Medicare tax for the employee , 
2. Zhang whose marital status is single, whose number of withholding allowances is 5, and whose monthly gross earnings are 7150.59$. 
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4. Then find his net pay. Assume that he has not earned over 130,000$ so far this year.

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Answer rating: 100% (QA)

Sure lets break down the calculations step by step 1 Federal Withholding Tax First determine the tax... View the full answer