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Answer please Required: Compute the net pay for Eve Khan and Mam Hart. Assume ihat lhey are paid a $2.590 salary biveckly, subject to federat
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Required: Compute the net pay for Eve Khan and Mam Hart. Assume ihat lhey are paid a $2.590 salary biveckly, subject to federat inceme tase (use the wage bracket tmethod) in APaendix C and FICA taxes, and have no other deductions from their pay. They have a state tax rate of 3 percent. If they choose to participate in the catetens plan, the deduction for the pay period is $100, ohierwise, there is no deduction for the cafetetla plan. The cofeteria plan qualites under Section 126 , You do not need to complete the number of hours. Additional informotion for Fve: Box 2 is not checked, and the dependents are under 17 Note: Round your intermediate colculotions and final answers to 2 decimal places. s Section 125 \begin{tabular}{c|c|c|} \hline & TaxableWagesforFederalorStateW/H & TaxableWagesforFICA \\ \hline & & \\ \hline \end{tabular} Required: Compute the net pay for Eve Khan and Mam Hart. Assume ihat lhey are paid a $2.590 salary biveckly, subject to federat inceme tase (use the wage bracket tmethod) in APaendix C and FICA taxes, and have no other deductions from their pay. They have a state tax rate of 3 percent. If they choose to participate in the catetens plan, the deduction for the pay period is $100, ohierwise, there is no deduction for the cafetetla plan. The cofeteria plan qualites under Section 126 , You do not need to complete the number of hours. Additional informotion for Fve: Box 2 is not checked, and the dependents are under 17 Note: Round your intermediate colculotions and final answers to 2 decimal places. s Section 125 \begin{tabular}{c|c|c|} \hline & TaxableWagesforFederalorStateW/H & TaxableWagesforFICA \\ \hline & & \\ \hline \end{tabular} Step by Step Solution
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