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Justin Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $ 3 0 0 . 0 0
Justin Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $ for the hours he worked. In addition, he reports his tips for February to his employer $ and the employer withholds the appropriate taxes for the tips from this first pay in March.
Calculate his net takehome pay assuming the employer withheld federal income tax wagebracket, single or married filing separately social security taxes, and state income tax
Enter deductions beginning with a minus sign Round interim amounts to two decimal places. Use these values in subsequent computations then round final answer to two decimal places.
As we go to press, the federal income tax rates for are being determined by budget talks in Washington, and are not available for publication. For this edition, the federal income tax tables for Manual Systems with Forms W From or Later with Standard Withholding and FICA rates have been used.
Gross Pay: Fill in the blank
Federal Income tax: Fill in the blank
Social Security Taxes OASDI: Fill in the blank
Social Security Taxes HI: Fill in the blank
State Income Tax: Fill in the blank
Net pay: Fill in the blank
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