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Employee Net Pay Stan Stately's weekly gross earnings for the week ended April 22 were $2,400, and his federal income tax withholding was $407.58.
Employee Net Pay Stan Stately's weekly gross earnings for the week ended April 22 were $2,400, and his federal income tax withholding was $407.58. Assuming that the social security rate is 6% and Medicare is 1.5% of all earnings, what is Stately's net pay? Round your answer to two decimal places. 6,666 X Feedback Check My Work Net pay is the gross earnings minus payroll deductions. The amount of Medicare and social security withheld is based on an employee's gross earnings.
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