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Payroll Accounting - Chapter 3: Problem set 3.5A I have attached the information you need for the problem and for the homework iI've also attached

Payroll Accounting - Chapter 3: Problem set 3.5A

I have attached the information you need for the problem and for the homework iI've also attached the picture of my excel homework... but I have to show the excel formula to get the answer and for it to be correct.

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Chapter Review 3-8f Problem Set. A . Note- In this chapter and in all succeeding work throughout the course, unless instructed otherwise use the following rates, ceiling and maximum taxes. Employee and Employer OASDI: 6.20% $137,700 58,537.40 Employee and Employer HI: 1.4596 No limit No maximum Self-employed OASDI: 12.4% $137,700 $17,074.80 Self-employed HI: 2.996 No limit No maximum For rounding rules, refer to Key Points Summary 3-5A

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