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Calculate the Social Security and Medicare deductions using the same rates as the previous problem. Calculate the FIT and SIT ( assume 6 % state
Calculate the Social Security and Medicare deductions using the same rates as the previous problem. Calculate the FIT and SIT assume state income tax rate deductions and the net pay for the following employee. Calculate the FIT using the percentage method. The employee doesnt reach the maximum for FICA. The tax tables needed for FIT are on the last two pages.EmployeeMarital StatusAllowances
Calculate the Social Security and Medicare deductions using the same rates as the previous problem. Calculate the FIT and SIT assume state income tax rate deductions and the net pay for the following employee. Calculate the FIT using the percentage method. The employee doesn't reach the maximum for FICA. The tax tables needed for FIT are on the last two pages.
tableEmployeeMarital Status,Allowances Claimed,Gross Pay weeklyMike Rice,$ClaimedGross Pay weeklyMike RiceM$
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