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How do I calculate the rest of these amounts? Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach
How do I calculate the rest of these amounts?
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $50 each week to her company's 401(k) plan and has $30 put into her health savings account (nonqualified) each week. Her employer matches this $30 each week Determine Whiteweiler's take-home pay if she is single and claims 1 allowances (use the wage-bracket method) Enter deductions beginning with a minus sign (-). Round your calcu lations and final answers to the nearest cent. click here to access the Wage-Bracket Method Tables. Gross pay 930 HSA contributions 401(k) deductions OASDI tax HI tax FIT Net pay Feedback Check My Work Calculate net pay. Consider the effect on FIT when the employee has a 401(k) deduction. Subtract the 401(k) from Gross Pay, however, the FIT taxable wages should be gross pay minus the 401(k) deductionStep by Step Solution
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