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CAN YOU HELP ME TO FIND OUT FIT, SIT, and CIT and also formula? Name The Names of the employees are listed on the following
CAN YOU HELP ME TO FIND OUT FIT, SIT, and CIT and also formula?
Name The Names of the employees are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which remained the same all year Complete the payroll register for the payroll period ending December, 19, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the gross earnings, and the wage-bracket method is used for the Federal Income taxes Enter the appropriate numbers/formulas in the shaded (gray) cells. An asterisk () will appear to the right of an incorrect answer 4.5A HOGAN THRIFT SHOP PAYROLL REGISTER FOR PERIOD ENDING December 19.20 DEDUCTIONS MARTINO. OF AL WH NET PAY FICA TOTAL EARNINGS OASDI STATU ALLO HI FIT SIT CIT EMPLOYEE NAME John, Matthew Smith, Jennifer Bullen, Catherine Matthews, Ma Hadt, Bonnie Camp, Sean Wilson, Helen Gleason, Jose 2,340.00 275.00 250.00 320.25 450.00 560.50 475.50 890.00 5,561.25 M 0 M 3 Totals Compute the emplover's FICA taxes for the OASDI Taxes OASDI taxable ea OASDI taxes eriod ending December 19 HI Taxes HI taxable earnings Hl taxes Student Work Area Instructor Comment Grade Area Matthew(OASDI)$2,272.00 x 50 $113,600+2,272 $115,872 (Not over the cap) (FIT)Must use percentage method: 201.50+25%"(2272-77.9*3)-1626]Step by Step Solution
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