=+PE 11-2B Federal income tax withholding obj. 2 EE 11-2 p. 491 Todd Hackworths weekly gross earnings
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=+PE 11-2B Federal income tax withholding obj. 2 EE 11-2 p. 491 Todd Hackworth’s weekly gross earnings for the week ending December 18 were $2,000, and his federal income tax withholding was $396.19. Prior to this week, Hackworth had earned $98,500 for the year. Assuming the social security rate is 6% on the first
$100,000 of annual earnings and Medicare is 1.5% of all earnings, what is Hackworth’s net pay?
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