Ch 9 Payroll Register - EE SOCIAL SECURITY LIMITS 2 6.2 Wage bal to tax Curr Week Gross Pay Lower amount Sos Peek SOCIAL SECURITY TAX CALCULATIONS: 1. Compare soc sec max wages TO YTD payroll for each employee * wage balance to tax for soc sec 2. Compare wage bal to tax To Current week gross pay 3. Tax the lower amount for social security Soc Sec max YTD wages 106,800.00 106,800.00 106,800.00 YTD Payroll 105,800.00 108,000.00 106,000.00 Pay 00 00 00 PAYROLL REGISTER for Week Ending DEC 15 IRS HI DEPT OF TAX HMSA FICA Income Tax 1/2 of 6.20% 1.45% Use Table 10% FWT $50 premium Soc Sec Medicare FWT SWT Medical ING United Way Voluntary Deductions 2% $15 each Retirement Contribution htar Shil Net me Employees All Married Abe, 1 allowance Bob, 2 allowance Cat, 3 allowance YTD Previous Pay Current Week Jan - Nov Gross Pay 105,800.00 900.00 108,000.00 900.00 106,000.00 900.00 Total PAYROLL JOURNAL ENTRIES JE 2 EE . JE 1 EE Ch 9 Payroll Register - EE SOCIAL SECURITY LIMITS 2 6.2 Wage bal to tax Curr Week Gross Pay Lower amount Sos Peek SOCIAL SECURITY TAX CALCULATIONS: 1. Compare soc sec max wages TO YTD payroll for each employee * wage balance to tax for soc sec 2. Compare wage bal to tax To Current week gross pay 3. Tax the lower amount for social security Soc Sec max YTD wages 106,800.00 106,800.00 106,800.00 YTD Payroll 105,800.00 108,000.00 106,000.00 Pay 00 00 00 PAYROLL REGISTER for Week Ending DEC 15 IRS HI DEPT OF TAX HMSA FICA Income Tax 1/2 of 6.20% 1.45% Use Table 10% FWT $50 premium Soc Sec Medicare FWT SWT Medical ING United Way Voluntary Deductions 2% $15 each Retirement Contribution htar Shil Net me Employees All Married Abe, 1 allowance Bob, 2 allowance Cat, 3 allowance YTD Previous Pay Current Week Jan - Nov Gross Pay 105,800.00 900.00 108,000.00 900.00 106,000.00 900.00 Total PAYROLL JOURNAL ENTRIES JE 2 EE . JE 1 EE