Question
During 20--, Matti Perez, president of Maggert Company, was paid a semimonthly salary of $6,500. Compute the amount of FICA taxes that should be withheld
During 20--, Matti Perez, president of Maggert Company, was paid a semimonthly salary of $6,500. Compute the amount of FICA taxes that should be withheld from her:
|
|
| OASDI | HI |
| a. | 9th paycheck | $_____ | $_____ |
| b. | 22nd paycheck | $_____ | $_____ |
| c. | 24th paycheck | $_____ | $_____ |
| d. | If Perezs year-to-date earnings as of her 24th paycheck are $156,000 and her year-end bonus is $100,000, how much is the additional 0.9% HI tax? |
| $____ |
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Intermediate Accounting
Authors: Earl K. Stice, James D. Stice
18th edition
538479736, 978-1111534783, 1111534780, 978-0538479738
