Question
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $100 each week to
Julie Whiteweiler made $930 this week. Only social security (fully taxable) and federal income taxes attach to her pay. Whiteweiler contributes $100 each week to her company's 401(k) plan and has $25 put into her health savings account (nonqualified) each week. Her employer matches this $25 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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