Question
Regina Garza's regular hourly wage rate is $31, and she receives a wage of 1 times the regular hourly rate for work in excess of
Regina Garza's regular hourly wage rate is $31, and she receives a wage of 1 times the regular hourly rate for work in excess of 41 hours. During a March weekly pay period, Regina worked 45 hours. Her gross earnings prior to the current week were $6,000. Regina is married and claims three withholding allowances. Her only voluntary deduction is for group hospitalization insurance at $32.00 per week.
MARRIED Persons WEEKLY Payroll Period | ||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|
(For Wages Paid through December 2022) | ||||||||||||
If the wages are | And the number of withholding allowances claimed is | |||||||||||
At least | But less than | 0 | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 |
The amount of income tax to be withheld is | ||||||||||||
1,316 | 1,327 | 124 | 114 | 105 | 95 | 85 | 75 | 66 | 56 | 46 | 37 | 29 |
1,327 | 1,338 | 125 | 116 | 106 | 96 | 86 | 77 | 67 | 57 | 48 | 38 | 30 |
1,338 | 1,349 | 127 | 117 | 107 | 97 | 88 | 78 | 68 | 59 | 49 | 39 | 31 |
1,349 | 1,360 | 128 | 118 | 108 | 99 | 89 | 79 | 70 | 60 | 50 | 41 | 32 |
1,360 | 1,371 | 129 | 119 | 110 | 100 | 90 | 81 | 71 | 61 | 52 | 42 | 33 |
1,371 | 1,382 | 130 | 121 | 111 | 101 | 92 | 82 | 72 | 63 | 53 | 43 | 34 |
1,382 | 1,393 | 132 | 122 | 112 | 103 | 93 | 83 | 74 | 64 | 54 | 45 | 35 |
1,393 | 1,404 | 133 | 123 | 114 | 104 | 94 | 85 | 75 | 65 | 56 | 46 | 36 |
1,404 | 1,415 | 134 | 125 | 115 | 105 | 96 | 86 | 76 | 67 | 57 | 47 | 38 |
1,415 | 1,426 | 136 | 126 | 116 | 107 | 97 | 87 | 78 | 68 | 58 | 49 | 39 |
1,426 | 1,437 | 137 | 127 | 118 | 108 | 98 | 89 | 79 | 69 | 60 | 50 | 40 |
1,437 | 1,448 | 138 | 129 | 119 | 109 | 100 | 90 | 80 | 71 | 61 | 51 | 41 |
1,448 | 1,459 | 140 | 130 | 120 | 111 | 101 | 91 | 82 | 72 | 62 | 52 | 43 |
1,459 | 1,470 | 141 | 131 | 122 | 112 | 102 | 93 | 83 | 73 | 64 | 54 | 44 |
1,470 | 1,481 | 142 | 133 | 123 | 113 | 104 | 94 | 84 | 75 | 65 | 55 | 45 |
1,481 | 1,492 | 144 | 134 | 124 | 115 | 105 | 95 | 86 | 76 | 66 | 56 | 47 |
1,492 | 1,503 | 145 | 135 | 126 | 116 | 106 | 97 | 87 | 77 | 67 | 58 | 48 |
1,503 | 1,514 | 146 | 137 | 127 | 117 | 108 | 98 | 88 | 78 | 69 | 59 | 49 |
1,514 | 1,525 | 148 | 138 | 128 | 119 | 109 | 99 | 89 | 80 | 70 | 60 | 51 |
1,525 | 1,536 | 149 | 139 | 130 | 120 | 110 | 101 | 91 | 81 | 71 | 62 | 52 |
(a)
Compute the following amounts for Reginas wages for the current week. (Round all answers to 2 decimal places, e.g. 52.55.)
(1) Gross earnings. | $enter a dollar amount | |
---|---|---|
(2) FICA taxes. (Assume a 7.65% rate on maximum of $132,900.) | $enter a dollar amount rounded to 2 decimal places | |
(3) Federal income taxes withheld. | $enter a dollar amount | |
(4) State income taxes withheld. (Assume a 2.0% rate.) | $enter a dollar amount | |
(5) Net pay. | $enter a dollar amount rounded to 2 decimal places |
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