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For this task, each employee's federal, state, and local taxes to be withheld will be determined. When determining the federal taxes to be withheld, remember
For this task, each employee's federal, state, and local taxes to be withheld will be determined. When determining the federal taxes to be withheld, remember that there are some deductions that are allowed "pretax". These deductions reduce the gross earnings upon which the federal tax to be withheld is determined.
Complete the steps outlined below.
- Refer to the SIMPLE Plan Contributions and enter each employee's SIMPLE plan deduction.
- Determine and record the federal income taxes for each employee.
- → Refer to each employee's filing status
→ Click the link below to view the Wage-Bracket Method tables
- → Refer to each employee's filing status
- Determine and record the state income taxes for each employee using the State of Pennsylvania's rate of 3.07%.
- Determine and record the city income taxes for the city of Pittsburgh at the rate is 3%.
- Total each input column.
Note: Round your final answers to the cent. Enter all amounts as positive numbers.
Click here to access the Wage-Bracket Method Tables.
Name | Gross | OASDI | HI | FIT | SIT | SUTA | CIT | SIMPLE Ded. | Grp. Ins. | Health Ins. | Ck. No. | Amount | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
KIPLEY COMPANY, INC. Employee Payroll Register For Period Ending January 8, 20-- | |||||||||||||
EARNINGS | DEDUCTIONS | NET PAY | |||||||||||
Carson, F. | $700.00 | $43.40 | $10.15 | $ | $ | $ | $ | ||||||
Wilson, W. | 897.04 | 55.62 | 13.01 | ||||||||||
Utley, H. | 678.75 | 42.08 | 9.84 | ||||||||||
Fife, L. | 877.10 | 54.38 | 12.72 | ||||||||||
Smith, L. | 790.00 | 48.98 | 11.46 | ||||||||||
Fay, G. | 539.15 | 33.43 | 7.82 | ||||||||||
Robey, G. | 623.08 | 38.63 | 9.03 | ||||||||||
Schork, T. | 773.08 | 47.93 | 11.21 | ||||||||||
Hardy, B. | 666.11 | 41.30 | 9.66 | ||||||||||
Kipley, C. | 1,000.00 | 62.00 | 14.50 | ||||||||||
Totals | $467.75 | $109.40 | $ | $ | $ | $ | ---- | ||||||
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Step: 1
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