Kip Bowman is owner and sole employee of KB Corporation. He pays himself a salary of $1,350 each week.

Additional tax information includes:FICA taxOASDI6.2% on first $118,500FICA taxHI1.45% on total payFederal income tax$202.50 per payState income tax22% of the federal income tax withholdingFederal unemployment tax0.6% on first $7,000State unemployment tax0.05% on first $14,000Additional payroll deductions include:401(k) plan3% per payChild support garnishment$100 per payHealth insurance premium$100 per pay