During the first week of February, Gabe Hopen earned $300. Assume that FICA taxes are 7.65 percent of wages up to $106,800, state unemployment
During the first week of February, Gabe Hopen earned $300. Assume that FICA taxes are 7.65 percent of wages up to $106,800, state unemployment tax is 5.0 percent of wages up to $13,000, and federal unemployment tax is 0.8 percent of wages up to $13,000. Assume that Gabe has voluntary with holdings of $10 (in addition to taxes) and that federal and state income tax with holdings are $18 and $6, respectively. Using the information above, what amount is the check, net of all deductions, that Gabe received for the week's pay? $243.05 $259.60 $274.60 $277.00
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Solution Amount in Gross Wages 300 Less FICA taxes ...See step-by-step solutions with expert insights and AI powered tools for academic success
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