14.

Calculate the net pay. The cumulative earnings before this weekly payroll are $118,410 below maximum as related to cumulative earnings in calculating Social Security. Assume a tax rate of 6.2% for Social Security on $118,500 and 1.45% for Medicare: Use Circular 2015 E. (Round your answers to the nearest cent.)

JOHN DOE

Marital Status (M) Exemptions Claimed (2) Gross (900)

FIT A (??) Soc. Sec. B (??) Medicare C (?) Net Pay D (??)