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Monthly Employee Date First Employed Monthly Income Tax Salary Withheld Arnett Nov. 16 $6,000 $1,132 Cruz Jan. 2 4,600 798 Edwards Oct. 1 8,200
Monthly Employee Date First Employed Monthly Income Tax Salary Withheld Arnett Nov. 16 $6,000 $1,132 Cruz Jan. 2 4,600 798 Edwards Oct. 1 8,200 1,632 Harvin Dec. 1 5,900 1,052 Nicks Feb. 1 12,000 2,820 Shiancoe Mar. 1 11,300 2,533 Ward Nov. 16 4,700 788 Required: 1. Compute the amounts to be reported for the year on each employee's Wage and Tax Statement (Form W-2). Enter all amounts as positive numbers. When required, round your answres to two decimal places. Employee Gross Earnings Federal Income Tax Withheld Social Security Tax Medicare Tax Withheld Withheld Arnett Cruz Edwards Harvin Nicks Shiancoe Ward 2. Compute the following employer payroll taxes for the year: (a) social security, (b) Medicare, (c) state unemployment compensation at 5.4% on the first $10,000 of each employee's earnings, (d) federal unemployment compensation at 0.8% on the first $10,000 of each employee's earnings, and (e) total. Round your answers to two decimal places. (a) (e) (d) (b) (c)
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