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3: An employee works 53 hours (53 - 40 were overtime hours) during a workweek in November of 2021 . The employee earns $10,100/ month,
3: An employee works 53 hours (53 - 40 were overtime hours) during a workweek in November of 2021 . The employee earns $10,100/ month, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $140,340 during the year. He has requested that his employer withhold 12% of gross pay, which is to be contributed to a 401(k) plan. Taxable income for federal income tax withholding =$ Taxable income for social security tax =$ Taxable income for medicare tax =$
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