subject
Business, 02.02.2020 20:55 queenkimm26

Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of $8,260. the fica tax for social security is 6.2% of the first $118,500 of employee earnings each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of .6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,325.17. her net pay for the month is: (round your intermediate calculations to two decimal places.)

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
Which of the following is not a personality trait? sincerity word processing punctuality laziness
Answers: 1
question
Business, 22.06.2019 17:30
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
question
Business, 23.06.2019 00:00
Todd and jim learned that in building a business plan, it was important for them to:
Answers: 1
question
Business, 23.06.2019 06:30
Afinance company wants to upgrade its accounting software to a higher version. this version change requires a change in data formats. which method represents a change in data formats?
Answers: 1
You know the right answer?
Portia grant is an employee who is paid monthly. for the month of january of the current year, she e...
Questions
question
History, 29.09.2021 22:10
question
Mathematics, 29.09.2021 22:10
question
Social Studies, 29.09.2021 22:10
question
Mathematics, 29.09.2021 22:10
question
Social Studies, 29.09.2021 22:10
question
Arts, 29.09.2021 22:10
Questions on the website: 13722363