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Elizabeth Garza's regular hourly wage rate is $14.00, and she receives a wage of 1% times the regular hourly rate for work in excess of
Elizabeth Garza's regular hourly wage rate is $14.00, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Elizabeth worked 44 hours. Her gross earnings prior to the current week were $7,800. Elizabeth is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $20 per week. MARRIED Persons - WEEKLY Payroll Period (For Wages Paid through December 2017) If the wages are - And the number of withholding allowances claimed is - 0 1 2 3 4 5 6 7 8 9 10 At least But less than The amount of income tax to be withheld is - 500 510 0 0 0 0 0 34 27 19 11 40 35 28 20 12 50 510 520 0 0 0 520 530 37 29 21 13 6 0 0 0 0 0 0101010 0 0 530 540 38 30 22 14 7 0 0 540 550 40 31 2315 8 0 o 0 0 0 0 550 560 41 32 24 162 1 0 0 560 570 43 33 | 25 | 17 | 10 000 0 0 570 580 44 34 26 18 11 3 0 0 580 590 46 35 | 27 | 1912 4 0 0 0 0 0 590 600 47 | 36 | 28 | 20 | 13 5 0 0 600 610 49 38 29 21 14 6 0 0 0 0 0 100 o o 610 620 50 39302215 7 0 0 620 630 52 41 31 23 16 8 o o o o o 0 0 630 640 53 42 32 24 17 9 2 o 0 0 640 650 55 44 33 25 18 10 3 0 0 0 650 660 56 45 34 26 19 11 4 0 0 0 660 670 670 680 58 47 35 2720 5 59 48 37 28 21 13 6 61 50 38 29 22 14 7 0 0 0 0 0 0 0 0 0 0 o o o o o 680 690 690 700 62 51 40 30 23 15 8 0 0 0 Compute the following amounts for Elizabeth's wages for the current week. (Round FICA taxes, State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. $ (2) FICA taxes. (Assume a 7.65% rate on maximum of $127,200.) $ (3) Federal income taxes withheld. $ (4) State income taxes withheld. (Assume a 2.0% rate.) $ ta (5) Net pay. ta
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