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An employee works 37 regular hours during a workweek in August of 2021 . He was hired six years ago, eams a salary of $1t6,300year,

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An employee works 37 regular hours during a workweek in August of 2021 . He was hired six years ago, eams a salary of $1t6,300year, and is exempt from the overtime provisions of the FLSA. To date, he has received no compensation beyond his annual salary. He has requested that his employer withhold tow of gross pay. which is to be contributed to a 403(b) plan Taxable income for foderal income tax withholding =$ Taxable income for social security tax =$ Taxable income for medicare tax=$ 3: An employee works 51 hours ( 51 - 40 were overtime hours) dunng a workweek in December of 2021 . He eams $10,000/month with his employer paying 1.5 times the regular rate of pay loe overtime hours. To date, he has earned $144,100 during the year. He has requested that his employer withhold 95 of grosa pay, which is to he contributed to a 401(k) plan. Tavable income for federal income tax Wusholding is 5 Taxable income foe social security tax =5 Taxabie income for medicare tax =5

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