Question
1. Emery is a single, full-time exempt employee who earns $235,800 annually, paid monthly. Her year-to-date pay as of November 30 is $216,150.00. How much
1. Emery is a single, full-time exempt employee who earns $235,800 annually, paid monthly. Her year-to-date pay as of November 30 is $216,150.00. How much will be withheld from Inna for FICA taxes for the December 31 pay date?Note: Social Security maximum wage is $147,000. Do not round intermediate calculations. Round your final answer to 2 decimal places.( my calculations must be incorrect I keep getting 468.56
2. Micah is a full-time exempt engineer who earns $177,400 annually and is paid semimonthly. He is single and has no dependents. As of November 15, his year-to-date gross pay was $155,225.00. How much will be withheld for FICA taxes for the November 30 pay date?
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Internal Auditing: Principles And Techniques
Authors: Richard L. Ratliff, W. Wallace, Walter B. Mcfarland, J. Loeboecke
1st Edition
0894131672, 978-0894131677
