Question
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $7,800. Compute the amount of FICA taxes that should be withheld
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $7,800. Compute the amount of FICA taxes that should be withheld from her. If an amount is zero, enter "0".
| OASDI | HI | |
| a. 9th paycheck | ||
| b. 19th paycheck | ||
| c. 23th paycheck | ||
| d. If Lopez's year-to-date earnings as of her 24th paycheck are $187,200, and her year-end bonus is $100,000, how much is the additional 0.9% HI tax on all total earnings? |
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Accounting Principles
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso
9th Edition
978-0470317549, 9780470387085, 047031754X, 470387084, 978-0470533475
