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Example 3-1 Example 3-2 Wallington Company has 100 employees, each earning $525.25 a week. OASDI Amount of OASDI tax withheld from each employee's paycheck each
Example 3-1 Example 3-2 Wallington Company has 100 employees, each earning $525.25 a week. OASDI Amount of OASDI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees' wages: Tax on employer: HI Amount of HI tax withheld from each employee's paycheck each week: Total tax withheld from the 100 employees' wages is: Tax on employer: $32.57$3,257.00$3,256.55$7.62$762.00$761.61(6.2%$525.25)($32.57100)[6.2%($525.25100)](1.45%$525.25)($7.62100)[1.45%($525.25100)] important to ascertain whether a person's wages are considered wages or drawings. If an amount is zero, enter " 0 ". Round your computations to the nearest cent. Employer's OASDI Tax Employer's HI Tax
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