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help please. I need the formula to k15?? 7. Orrin D'Amato, single, participates in his firm's pension retirement plan. This year, his modified adjusted gross

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help please. I need the formula to k15??
7. Orrin D'Amato, single, participates in his firm's pension retirement plan. This year, his modified adjusted gross income will be about $75,000. How much of his compensation may D'Amato contribut to an IRA this year without paying federal income taxes on the contribution? MARITAL STATUS NO. OF WIH ALLOW. 1 5 6 4-5A 7 8 HOGAN THRIFT SHOP PAYROLL REGISTER 9 FOR PERIOD ENDING December 20 10 11 12 DEDUCTIONS (a) (b) 13 (0) TOTAL (e) FICA 14 EMPLOYEE NAME EARNINGS OASDI NET HI FIT 15 John, Matthew M Hint: Must use Percentage Method. 3 2,524.00 $ 136.40 $ 36.60 0% 16 Smith, Jennifer 275.00 17.05 3.99 72.00 17 Bullen, Catherine M 0 250.00 15.50 3.63 3.00 SUU 2192 18 Matthews, Mary S 3 320.25 19.86 464 1.00 6.41 4.80 283.54 19 Hadt, Bonnie S 1 450.00 27.90 6.53 33.00 9.00 6.75 366 82 20 Camp, Sean 2 560.50 34.75 8.13 36.00 11.21 8.41 462.00 21 Wilson, Helen S 1 475.50 29.48 6.89 35.00 9.51 7.13 387.49 22 Gleason, Jose M 3 890.00 55.18 12.91 44.00 17.80 13 35 746.76 23 Totals 5.745 25 $336.12 $ 83,32 # $ 114.91 $ 86.18 24 Compute the employer's FICA taxes for the pay period ending December 20. 25 OASDI Taxes HI Taxes 26 $ 5,421.25 $ 5,745.25 OASDI taxable earnings Hi taxable earnings $ 83.31 27 Hi taxes $ 336.12 OASDI taxes 28 29 30 31 Instructor Comment/Grade Area 32 Student Work Area Excel Instructions 64-3A 4-3B 64-4A 4-48 64-5A 4.5B 64-8A4-88 Cell K15 note by Ros Hill o Type here to search 7. Orrin D'Amato, single, participates in his firm's pension retirement plan. This year, his modified adjusted gross income will be about $75,000. How much of his compensation may D'Amato contribut to an IRA this year without paying federal income taxes on the contribution? MARITAL STATUS NO. OF WIH ALLOW. 1 5 6 4-5A 7 8 HOGAN THRIFT SHOP PAYROLL REGISTER 9 FOR PERIOD ENDING December 20 10 11 12 DEDUCTIONS (a) (b) 13 (0) TOTAL (e) FICA 14 EMPLOYEE NAME EARNINGS OASDI NET HI FIT 15 John, Matthew M Hint: Must use Percentage Method. 3 2,524.00 $ 136.40 $ 36.60 0% 16 Smith, Jennifer 275.00 17.05 3.99 72.00 17 Bullen, Catherine M 0 250.00 15.50 3.63 3.00 SUU 2192 18 Matthews, Mary S 3 320.25 19.86 464 1.00 6.41 4.80 283.54 19 Hadt, Bonnie S 1 450.00 27.90 6.53 33.00 9.00 6.75 366 82 20 Camp, Sean 2 560.50 34.75 8.13 36.00 11.21 8.41 462.00 21 Wilson, Helen S 1 475.50 29.48 6.89 35.00 9.51 7.13 387.49 22 Gleason, Jose M 3 890.00 55.18 12.91 44.00 17.80 13 35 746.76 23 Totals 5.745 25 $336.12 $ 83,32 # $ 114.91 $ 86.18 24 Compute the employer's FICA taxes for the pay period ending December 20. 25 OASDI Taxes HI Taxes 26 $ 5,421.25 $ 5,745.25 OASDI taxable earnings Hi taxable earnings $ 83.31 27 Hi taxes $ 336.12 OASDI taxes 28 29 30 31 Instructor Comment/Grade Area 32 Student Work Area Excel Instructions 64-3A 4-3B 64-4A 4-48 64-5A 4.5B 64-8A4-88 Cell K15 note by Ros Hill o Type here to search

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