1 The biweekly taxable wages for the employees of Rite-Shop follow: Compute the FICA taxes for each employye and the employer's FICA taxes.

3-1A
		Rite-Shop
					Biweekly Taxable Wages
Employee
No.	Employee Name						OASDI		HI
711	Castro, Manny				$ 493.28		$ 30.58		$7.15
512	Corrales, Pat				870.00		53.94		12.62
624	Guitar, Joseph				419.80		26.03		6.09
325	Moore, Connie				523.20		32.44		7.59
422	Morrison, Harry				1,100.00		68.20		15.95
210	Robertson, Catherine				950.00		58.90		13.78
111	Swarez, Joseph				489.75		30.36		7.10
	Totals				$ 4,846.03		$ 300.45		$ 70.27
Employer's OASDI		$ 4,846.03			$ 300.45
		Total Taxable		Employer's OASDI
		Wages		Tax
Employer's HI Tax		$ 4,846.03			$ 70.27
		Total Taxable		Employer's HI
		Wages		Tax

2. During 2014, Rachael Parkins, president of Mathieson Company, was paid a semi-monthly salary of $6800. Compute the amount of FICA taxes that should be withheld from her:

P3-2A
		OASDI		HI
a.	9th Paycheck	$ 421.60		$ 98.60
b.	17th paycheck	$ 303.80		$ 98.60
c.	24th paycheck	0		$ 98.60

3. Ernie Gilmore began working as a part-time waiter on June 2, 2014, at Sporthouse Restaurant. The cash tips of $390 that he received during June were reported on Form 4070, which he submitted to his employer on July 1. During July, he was paid wages of $525 by the restaurant. Compute:

a.	FICA Taxes employer
	to withhold during July	$ 56.73		$ 13.27
b.	Employer's FICA taxes
	on July wages and tips	$ 56.73		$13.27

4. Ken Gorman is a maitre d' at Carmel Dinner Club. On February 7, his gross pay was $800 (three days working, one paid vacation, and one paid sick day). Hel also reported to his employer tip of $900 for the previous month (applicable taxes to be deducted out of this pay). Gorman belongs to the company's 401k plan and has 5% of his gross pay ($800) deducted each week (salary reduction). Carmel Dinner Club also provides a matching contribution ($40) into the plan for Gorman.

This week's pay would have a:

a.	Deduction for OASDI tax		=	$ 105.40
b.	Deduction for HI tax		=	$ 24.65

Can someone please check my homework?