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Giana Wilson works for JRZ all year and earns a monthly salary of $12,100. There is no overtime pay. Giana's income tax withholding rate is

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Giana Wilson works for JRZ all year and earns a monthly salary of $12,100. There is no overtime pay. Giana's income tax withholding rate is 10% of gross pay. In addition to payroll taxes, Giana elects to contribute 2% monthly to United Way. JRZ also deducts $100 monthly for co-payment of the health insurance premium. As of September 30, Giana had $121,000 of cumulative earnings. (Click the icon to view payroll tax rate information.) Read the requirements. Requirement 1. Compute Giana's net pay for October. (Round all amounts to the nearest cent.) Withholding deductions: Net (take-home) pay a Wilson works for JRZ all year and earns a monthly salary of $12,100. There is no overtime a's income tax withholding rate is 10% of gross pay. In addition to payroll taxes, Giana elects bute 2% monthly to United Way. JRZ also deducts $100 monthly for co-payment of the heal ance premium. As of September 30, Giana had $121,000 of cumulative earnings. Click the icon to view payroll tax rate information.) i More Info 14 hil For all payroll calculations, use the following tax rates and round amounts to the nearest cent: Employee: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45% up to $200,000, 2.35% on earnings above $200,000. Employer: OASDI: 6.2% on first $132,900 earned; Medicare: 1.45%; FUTA: 0.6% on first $7,000 earned: SUTA: 5.4% on first $7,000 earned. Print Done et (take-home) pay

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