LO 4-1,4-2 Addison is a graphic designer at a large marketing firm and earns $56,000 annually, paid
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LO 4-1,4-2 Addison is a graphic designer at a large marketing firm and earns
$56,000 annually, paid biweekly. Addison contributes 5 percent of the gross pay to a qualified 401(k) plan on a pre-tax basis and has a pre-tax medical premium of $350. What is the taxable income per pay period?
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Related Book For
Payroll Accounting 2024
ISBN: 9781266832352
10th International Edition
Authors: Jeanette Landin, Paulette Schirmer
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