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Employee Prior Earnings (YTD) Gross Pay Taxable Income OASDI OASDI Tax 6.2% Taxable Income Medicare Medicare Tax 1.45% Taxable Income FUTA/SUTA FUTA Tax 0.6% SUTA
| Employee | Prior Earnings (YTD) | Gross Pay | Taxable Income OASDI | OASDI Tax 6.2% | Taxable Income Medicare | Medicare Tax 1.45% | Taxable Income FUTA/SUTA | FUTA Tax 0.6% | SUTA Tax 5.8% | |||||
| O. Barns | 3,600.00 | 925.00 | ||||||||||||
| C. Hart | 6,600.00 | 600.00 | ||||||||||||
| Q. Roberts | 7,500.00 | 330.00 | ||||||||||||
| Total | ||||||||||||||
| EXERCISE 7A-5 | ||||||||||||||
| Employee | Prior Earnings (YTD) | Gross Pay | Taxable Income OASDI | OASDI Tax 6.2% | Taxable Income Medicare | Medicare Tax 1.45% | Taxable Income FUTA/SUTA | FUTA Tax 0.6% | SUTA Tax 5.8% | |||||
| O. Barns | 3,600.00 | 925.00 | ||||||||||||
| C. Hart | 6,600.00 | 600.00 | ||||||||||||
| Q. Roberts | 7,500.00 | 2,100.00 | ||||||||||||
| Total | ||||||||||||||
| Payroll Taxes | Payroll Taxes | |||||||||||||
| Earnings $330 / week | Earnings $2100 / week | |||||||||||||
| FICA - OASDI | ||||||||||||||
| FICA Medicare | ||||||||||||||
| FUTA | ||||||||||||||
| SUTA | ||||||||||||||
| Total | ||||||||||||||
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Making Sense Of Audit Business Side Of General Practice
Authors: Donald Sal Irvine
1st Edition
1870905121, 978-1870905121
