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Kathleen Garza's regular hourly wage rate is $16, and she receives a wage of 18 times the regular hourly rate for work in excess of
Kathleen Garza's regular hourly wage rate is $16, and she receives a wage of 18 times the regular hourly rate for work in excess of 40 hours. During a March weekly pay period, Kathleen worked 42 hours. Her gross earnings prior to the current week were $5.600. Kathleen 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 - ON 9 0 1 2 3 4 5 6 7 8 At least 10 But less than The amount of income tax to be withheld is- 500 510 34 27 19 11 4 0 0 0 0 0 0 510 520 35 28 2012 5 0 0 0 0 0 0 520 530 37 | 29 21 13 O 0 0 0 0 0 530 540 38 | 30 | 22 | 14 7 0 0 0 0 0 0 540 550 40 | 31 | 23 15 8 0 0 0 0 0 0 550 560 41 | 32 24 16 9 1 0 0 0 0 0 560 570 43 | 33 | 25 17 10 2. 0 0 0 0 0 570 580 44 34 26 18 11 3 0 0 0 0 0 580 590 46 35 | 27 | 19 12 4 4 0 0 0 O 0 590 600 47 | 36 | 28 | 2013 5 0 0 O 0 0 600 610 49 | 38 | 29 | 21 | 14 6 ON O 0 0 O 0 610 620 50 39 30 | 22 15 7 0 0 0 0 0 620 630 5241 31 | 23 16 00 8 1 0 0 O 0 630 640 53 42 32 24 17 9 2 0 0 0 0 640 650 55 44 33 25 18 10 3 0 0 0 0 650 660 5645 | 34 26 19 | 11 4 0 0 0 0 660 670 58 47 35 27 | 2012 5 5 0 0 0 0 670 680 59 | 48 | 37 | 28 | 21 | 13 6 0 0 0 0 680 690 61 | 50 | 38 | 29 | 22 14 7 0 0 0 0 690 700 62 51 40 30 2315 8 0 0 0 0 Compute the following amounts for Kathleen's wages for the current week. (Round FICA taxes, State income taxes and Net pay answers to 2 decimal places, eg. 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. $ $ eTextbook and Media List of Accounts Record Kathleen's pay. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Round answers to 2 decimal places, eg. 52.75.) Account Titles and Explanation Debit Credit e Textbook and Media List of Accounts
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