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Note: For the following problems use the following rates, ceiling, and maximum taxes. Please show your work. 6.20% 1.45% Employee and Employer OASDI: Employee and
Note: For the following problems use the following rates, ceiling, and maximum taxes. Please show your work. 6.20% 1.45% Employee and Employer OASDI: Employee and Employer HI: $147,000 $9,114.00 No limit $147,000 No limit No maximum Self-employed OASDI: 12.4% Self-employed HI: 2.9% Employee HI: Plus an additional 0.9% on wages over $200,00. Also applicable to be self employed. $18,228.00 No maximum 6. Crow earned $600 during the week ended March 1, 20--. Prior to payday, Crow had cumulative gross earnings of $4,733.20. What is the amount of OASDI taxes to withhold from Crow's pay? What is the amount of HI taxes to withhold from Crow's pay? 7. Dee is paid $2500 on November 8, 20--. Dee had cumulative gross earnings, including overtime pay, of $143,700 prior to this pay. What is the amount of OASDI taxes to withhold from Dee's pay? What is the amount of HI taxes to withhold from Dee's pay? 8. Beginning with the first pay of the year, Carson will make $3,900 each week. In which numbered pay of the year will Carson hit the OASDI taxable limit? 9. Eager, a tipped employee, reported to his employer that he had received $420 in tips during March. On the next payday, April 5, he was paid his regular salary of $200. What was the amount of OASDI taxes that were Activate Wind Go to Settings to ac
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