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Brad's gross pay for the month is $8,400. His deduction for federal income tax is based on a rate of 20%. He has no voluntary
Brad's gross pay for the month is
$8,400.
His deduction for federal income tax is based on a rate of
20%.
He has no voluntary deductions. His
yeartodate
pay is under the limit for OASDI. What is Brad's net pay? (Assume a
FICAOASDI
Tax of
6.2%
and
FICAMedicare
Tax of
1.45%.
Do not round any intermediate calculations, and round your final answer to the nearest dollar.)
A.
$6,077
B.
$6,720
C.
$8,400
D.
$7,757
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