Jen Miller made $1,090 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Miller contributes $125 each week to her company's 401(k) plan and has $40 put into her health savings account (nonqualified) each week. Her employer matches this $40 each week.

Determine Miller's take-home pay if she is married and claims 2 allowances (use the wage-bracket method).

Enter deductions beginning with a minus sign (-). Round your calculations and final answers to the nearest cent.

eBook Calculator Example 4-1 Cod Jamison, an employee for the Scharman School, belongs to a tax-deferred retirement plan to which he contributes 3 percent of his pay w matched by the school. His biweekly pay is $2,500. Because of the deferral (3% x $2,500 - $75), $2,425 is subject to federal income tax withholding. Den Miller made $1,090 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Miller contributes $125 each week to her company's 401(k) plan and has $40 put into her health savings account (nonqualified) each week. Her employer matches this $40 each week. Determine Miller's take home pay if she is married and claims 2 allowances (use the wage bracket method). Enter deductions beginning with a minus sign . Round your calculations and final answers to the nearest cent. Click here to access the Wage-Bracket Method Tables Gross pay $ 1,090 HSA contributions 40 401(k) deductions C -125 OASDI tax HI tax FIT Net pay Feedback w 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) deduction