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At the end of the first pay period of the year, Sofia eamed $4.400 of salary. Withholdings from Sofia's salary include FiCA Social Security taxes
At the end of the first pay period of the year, Sofia eamed $4.400 of salary. Withholdings from Sofia's salary include FiCA Social Security taxes at the rate of 6.2%. FICA Medicare taxes at the rate of 1.45%,$508 of federal income taxes. $168 of medical insurance deductions, and $18 of life insurance deductions. Compute Sofia's net pay for this first pay period. Note: Round your intermediate and final answers to 2 decimal places
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