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1. You have an internship this summer that pays $35/hour for 40 hours a week from June 19 through September 15. In addition to
1. You have an internship this summer that pays $35/hour for 40 hours a week from June 19 through September 15. In addition to deductions for payroll and income taxes, you signed up for health insurance which is a deduction of $200/month. Assume your deductions include income tax as if you work for the entire year (yearly income of $72,800) and claim the standard deduction of $12,950. What will you net take home pay be for the entire summer?
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
