Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

groepey to the month $8.400 deduction for fede mon are of 105. He has no voluntary day-to-und the CAB WAGON FICAdicare 14 Detround any intermediate

image text in transcribed
image text in transcribed
image text in transcribed
groepey to the month $8.400 deduction for fede mon are of 105. He has no voluntary day-to-und the CAB WAGON FICAdicare 14 Detround any intermediate action and round your final another A 56.30 OBS.157 OC25 OD SR400 Brad's gross pay for the month is $8,400. His deduction for federal income tax is based on a rate of 18%. He has no voluntary deductions. His year- FICA-Medicare Tax of 1.45%. Do not round any intermediate calculations, and round your final answer to the nearest dollar) A $6,888 B. $7,757 C. $6.245 D. 58,400 no voluntary deductions. His year-to-date pay is under the limit for OASDI. What is Brad's net pay? (Assume a FICA-OASDI Tax of 6.2% and earest dollar.)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contabilidad Para No Contadores

Authors: Wayne Label

2nd Edition

9587712986, 9789587712988

More Books

Students also viewed these Accounting questions