Find all the deductions asked for, and the final net pay. Social Security is 6.2% of the first $97,500. . is 2% of gross pay, and the local tax is 1.5% of gross pay. 1. Terrence Hall is single and claims one allowance. Dept Employee Check Number Gross Pay Net Pay 23 Terence Hall 463 $598.00 f. FIT SS Medicare State Local a. b. d. Medical Union Dues $15.50 $14.00 Others $6.00 C. e. 2. Jeri Lammers, a part-time teller at Second State Bank, is married and claims 3 allowances. Dept Employee Check Number Gross Pay Net Pay 448 Jeri Lammers 3205 $735.00 E FIT SS Medicare State Local Medical Union Dues Others a. b. d. $32.00 c. e. 3. Lynn Golding is employed as a payroll supervisor and earns $18 per hour. In this most recent pay period, she worked 40 hours. She is married and claims 6 allowances. The state tax is 3.0% of gross earnings, and the local tax is 1.5% of gross earnings. Lynn pays $35 for medical insurance and $17 in union dues. Dept Employee Check Number Gross Pay Net Pay PAYR Lynn Golding 355-5887-01 a. i. FIT SS Medicare State Local Medical Union Dues Others b. C. d. e. f. g. h. 0.00 Read the section below and complete the following activity. If you have ever received a paycheck, was the amount what you expected? Jack Myers was surprised to see that his employer has deducted approximately 19% from his gross income. July 20,20-- Dave's Drilling and Equipment 10406 Overlook Kentville, MI 99909 Pay to: Jack Myers $510.43 Five hundred ten DOLLARS 43/100 CENTS Memo: weekly pay Signature: Dave Davey Federal Income Tax - Federal taxes provide money to pay for federal government agencies and services. The law requires employers to withhold a certain amount of your pay for federal income tax (FIT). The Internal Revenue Service (IRS) provides employers with tables that show how much money to withhold. The amount withheld depends on your income, marital status, and withholding allowances. You may claim one allowance for yourself and if you are married, one allowance for your spouse. You may claim additional allowances for any others you support. Example 1 - Determining Your Federal Income Tax Carla Good is an actuary. Her gross pay for this week is $425.88. She is married and claims 2 allowances for herself and her husband. What amount will Carla's employer withhold from her pay for FIT? (Use the Married Person Weekly Payroll table on pages 7. 8) Step 1: Step 2: Step 3: Find the income range from the table. (It is at least $420 but less than $430) Find the column for 2 allowances, The amount of federal income tax to be withheld is $14.00 20000000000000O OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO 90000 BODO GOGOO OOOOO GOOOOOOOOOOOOOOOOOOOOOOOOOOOOO DOOOOOOOOOOOOOOOOOOO 9 pape Hopenpood so ploao aboro agone oooooooooooooose oppoo- SODDO DOBODDODDD DOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO - 9 be page asdeepdogbubbe oco googgeoge oppo app so g 0000 oooooo0000 ooooooooooopeuo00ooo 000hp osaac ? 5 Andre rumber of who were The more of income tax to be held 3 gooooooooooooooooooooooo 000000000000g 9:29 gpopoppooooooooooooooooooooopeg", :RE38 apcooooooooooooooooooooo0 10 RENESSA HR88 95353 MARRIED PersonsWEEKLY Payroll Period gooooooooooooooooors Wish anges 8 863 1 good ooonyShimg 8888 958 535gggg 0 $125 9ggggggggg=99999sssss R R R But 893 PP 33 98999sssss888 =883sssss==R AL goooooopeynote egy: 10 ! 89NY u E %8 8 MARRIED PersonsWEEKLY Payroll Period 7 match Mr ST H 2 107 P) 112 113 # % www The mounting met beheld 110 And the brotholding :588 S % ams = 11 11 119 g 3 n a v3s & R 28: 2 2 889 N 1 8 8 M USB 10 But less Dhan | APP-- 100 1.120 1.130 1.140 :&B 3:38 &&888 Alt 288 8G S BS=3838 s988 O 982398? SINGLE Persons-WEEKLY Payroll Period , , 19 ) 90000 OOOOOOOOOO BEBE yny A4 A4 Aut uno oppop adbao apang popdo abou . we guage Depap ppppp paogae pages pagesty ageog ey a tand the geboo oppgages po #ease beggy eved Pre-1 3 py als #pen a b apppps po# agges gao agang posae gaoo enue to have paage ooost doop e e apege degradaae at sae oooo ( 9 - es neo ages ae an adone 40619999 66 ope ple ass: - OD ODDOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO D0008 80000 00000 BODOO OOOOOOOOOOOOOOOOOOOOO000 20000 DOO OOOOO OOOOOOOOOOOOOOO OOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOOO D0000 DOGOO DOGOO DODGO 0008 - 10 $oooooopoo of tit Tan #p=BH HR#"n a#$mm 88358 SIHH ! = $DB%% **ht*#%## g8 Y% WWWunsuatooos 6 *?88n i8 NTRA % H3CN&udn SINGLE Persons-WEEKLY Payroll Period : 5:%B53DPE iggggggggg 88n #34435928 8#mm 35% FTTDrex = n% -- 7 6 5 Aberfehong around TEL -- 5858 5535850R FEE FERRRRRR 9999999999992 gggg 195 ng S H Mr Be H$ SB Cus stna S88% B c 2 - SnyRn88 A E 1 nan SSS YUD PH84 EFE03695836 3238 Ques I wann Atle 88888 TERES ARBIR LEARN 28831 SEINS BIKIN RERIE CURSE OGGER 8888 EBRER ERGER 88888 PRERE BERRESLENE S1381 88888 88888 BRENS BINNE SEGRE 12120 1.14 1,150 1,180 1.17 1.16
