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Jenny Garza's regular hourly wage rate is $16, and she receives a wage of 1% times the regular hourly rate for work in excess of

Jenny Garza's regular hourly wage rate is $16, and she receives a wage of 1% times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Jenny worked 42 hours. Her gross earnings prior to the current week were $3,600. Jenny is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $20 per week. All earnings are subject to Social Security tax. MARRIED Persons-WEEKLY Payroll Period (For Wages Paid through December 2017) If the wages are- And the number of withholding allowances claimed is- But 1 2 3 4 5 6 7 8 9 10 At less least than The amount of income tax to be withheld is- 500 510 34 27 510 520 35 28 520 530 29 37 530 540 38 30 540 550 40 31 550 560 41 32 24 560 570 570 580 44 34 33 43 580 590 46 35 590 600 47 36 22222222222 19 11 4 0 20 12 21 13 14 505 0 0 0 0 0 0 0 0 6 0 0 0 0 0 7 0 23 15 8 CO OO 0 0 0 0 0 0 0 O 0 0 0 16 9 1 0 0 0 0 0 25 26 27 2198 17 10 2 0 0 0 0 0 18 11 19 12 28 20 13 23 34 0 0 0 0 0 0 0 0 0 0 5 0 0 P 0 0 600 610 49 38 29 21 14 19 6 0 o 0 0 0 610 20 50 29 20 33 P Compute the following amounts for Jenny's wages for the current week. (Round FICA taxes, State income taxes and Net pay answers to 2 decimal places, e.g. 52.55.) (1) Gross earnings. (2) FICA taxes. (The 7.65% FICA tax rate consists of the Social Security tax rate of 6.2% on salaries and wages up to $128,400 and the Medicare tax rate of 1.45% on all salaries and wages.) (3) Federal income taxes withheld, (4) State income taxes withheld. (Assume a 2.0% rate.) (5) Net pay. $ 688image text in transcribedimage text in transcribed

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