6 Compute the Federal and State Income Tax withholding based upon the withholding elections provided for each employee. 7 Compute the Social Security and Medicare taxes using the percentages and wage base limits as noted on the table located on the payroll register page. 8 Compute the Net Pay for each employee. Pay Type Amanda Salary Annual Salary $169,500.00 Hourly Rate 2020 W4 State Filing Status W/H MFJ, 1 0.8% Prior YTD Earnings $135,000.00 Hours Week 1 Week 2 42 40 Regular Earnings Overtime Earnings Current Earnings FIT SIT 6519.23 6519.23 SS MEDI NET PAY 404.19226 94.528835 6020.5089