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Could someone please help me with this? Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security, Medicare,
Could someone please help me with this?
Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security, Medicare, and Federal Income Tax withholding (FIT) may be incorrect. Larren is paid a salary of $3,900 weekly. She is married, claims 3 deductions, and prior to this payroll check, has total earnings of $128,330. What are the correct deductions for Social Security, Medicare, and FIT? Assume a rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare. (Use Table 9.1 and Table 9.2). (Round your answers to the nearest cent.) Deductions Social Security taxes Medicare taxes Payroll Period One Withholding Allowance 159.60 PET Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Anully Daly or miscellanecus (each day of the payroll penog) 2,075 00 S80 agos Pald h 2018) WEEKLY Payroll Period ID MARRED person- Tiha noun W The Malacome la whilding allowakikosinis But not over 222 7* $1710 $ 55 plus 2 22 E 280 3- 23. 139 WEEKLY Payroll PerodStep by Step Solution
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