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Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald . She was delighted when the offer came
Rhonda Brennan found her first job after graduating from college through the classifieds of the Miami Herald. She was delighted when the offer came through at $15.70 per hour. She completed her W-4 stating that she is married with a child and claims an allowance of 3. Her company will pay her biweekly for 80 hours (assume a tax rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare). Calculate her take-home pay for her first check. (Use Table 9.1 and Table 9.2) (Round your answer to the nearest cent.)
Net Pay?
Percentage method income tax withholding allowances 9.2 Percentage method income tax withholding schedules Percentage Method Tables for Income Tax Withholding Source: Internal Revenue ServiceStep by Step Solution
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