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(10) 10. Russell is married and claims five withholding allowances. He earns $1126 weekly. His company pays his retirement, but he pays $5.10 each week
(10) 10. Russell is married and claims five withholding allowances. He earns $1126 weekly. His company pays his retirement, but he pays $5.10 each week for nonexempt insurance premiums. (a) Use either the withholding table or the percentage method table to find the federal tax withholding to be deducted from his weekly salary. (b) Find the Social Security (6.2%) and Medicare (1.45%) taxes that he must pay each week. (c) Determine the amount of his weekly paycheck
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