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Jonsie earns $1,200 per week. He is married. The Social Security rate is 6.2% on $142,800, and Medicare is 1.45%. Each paycheck, his employer also
Jonsie earns $1,200 per week. He is married. The Social Security rate is 6.2% on $142,800, and Medicare is 1.45%. Each paycheck, his employer also deducts $42.50 for health insurance. What is his net pay? (Calculate FIT by percentage method.) Note: Round your intermediate calculations and final answer to the nearest cent.
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