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i just need FICA CALCULATED WITH 1.45 and ive tried all numbers possible UTCH ALLLILIH Progress Below is a payroll sheet for Waterway Import Company
i just need FICA CALCULATED WITH 1.45 and ive tried all numbers possible
UTCH ALLLILIH Progress Below is a payroll sheet for Waterway Import Company for the month of September 2017. The company is allowed a 1% unemployment compensation rate by the state; the federal unemployment tax rate is 0.8% and the maximum for both is $7.000. Assume a 10% federal income tax rate for all employees and a 7.65% FICA tax on employee and employer on a maximum of $118.500. In addition, 1.45% is charged both employer and employee for an employee's wages in excess of $118.500 per employee. OCH CASSUL JIU,JUU per impiyee. decimal places, e.g. 15.26.) Unemplo eptember Earnings Income Tax Withholding FICA State $900 $ 68.85 800 61.20 1.000 765 1,700 130.05 12.100 1210 16,100 1610 32600 3260 ment of the payroll. (if no entry is required, select "No Entry for the account titles and enter for the amounts Credit accou d. Do not indent manually.) Debit Credit 32600 Address lenovo Step by Step Solution
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