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In preparing the payroll for the week of 17 June 20 - - Al Bundy was given the following: Social security = 6.2 % cap

In preparing the payroll for the week of 17 June 20 - - Al Bundy was given the following:

Social security = 6.2 % cap of $128,400

Medicare = 1.45% no cap

FUTA = 0.6 % cap $7000

SUTA = 5.4% cap $7000

Illinois state income tax = 5.0 % no cap

All employees pay health insurance of $15 per week

All employees pay dental insurance of $5 per week

Bud Bundy contributes $25 per week to US savings bonds

Federal withholding given at Peg = $41, Bud = $17 and Kelly = $10

Peg Bundy earned $359 and had a YTD income of $6895

Bud Bundy earned $250 and had a YTD income of $7500

Kelly Bundy earned $105 and had a YTD income of $128,375

Computer the Medicare taxes payable for all employees for 17 June 20 - -

$10.53

$10.35

$714

$68

$35.7

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