ASK YOUR TEACHER

PRACTICE ANOTHER

You must complete the following problem.

You decide to work part$-$time at a local supermarket. The job pays $$8\mathrm{.}50$ per hour and you work $24$ hours per week. Your employer withholds $10\%$ of your gross pay for federal taxes, $7\mathrm{.}65\%$ for FICA taxes, and $4\%$ for state taxes.

What is your weekly gross pay?

How much is withheld per week for federal taxes?

How much is withheld per week for FICA taxes?

How much is withheld per week for state taxes?

What is your weekly net pay?