Question
For the current pay period, compute the following for the employees. Note: Round each to the nearest cent and if an amount is zero, enter
For the current pay period, compute the following for the employees.
Note: Round each to the nearest cent and if an amount is zero, enter "0".
Bode has cumulative earnings of $58,000. His current earnings are $3,190.00.
Bode's 2019 OASDI withholding is: $
And his 2019 HI withholding is: $
Dale's current earnings total a gross amount of $7,040.00. Year to date he has earnings of $128,000.
Dale's 2019 OASDI withholding is: $
And his 2019 HI withholding is: $
Brandi's current earnings total a gross amount of $10,725. Year to date earnings are $195,000.
Brandi's 2019 OASDI withholding is: $
And her 2019 total HI withholding is: $
Compute the total annual tax for the following individuals.
Note: Round each to the nearest cent.
Alex has self-employment earnings of $52,800.
Alex's 2019 total self-employment withholding is: $
Hope has self-employment earnings of $134,600.
Hope's 2019 total self-employment withholding is: $
Michelle has self-employment earnings of $230,000.
Michelle's 2019 total self-employment withholding is: $
Compute the following for Greg who is both an employee and self-employed.
Note: Round the answer to the nearest cent.
Greg worked for the PGA, earning for the year $103,000. In addition, during his free time, he sold golf balls out of his home, earning $38,000 for the year.
Greg's 2019 self-employment FICA withholding is: $
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