Question
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $50 each week to
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $50 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 Whiteweiler's take-home pay if she is single 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 | $ |
HSA contributions | |
401(k) deductions | |
OASDI tax | |
HI tax | |
FIT | |
Net pay | $ |
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