Richard Gaziano is a manager for Health Care, Incorporated, Health Care deducts Social Security, Medicare, and FIT (by percentage method) from his earnings. Assume a rate of 6.2% on $142,800 for Social Security and 1.45% for Medicare. Before this payroll, Richard is $1,000 below the maximum level for Social Security earnings. Richard is married, filling jointly and is paid weekly. What is Richard's net pay for the week if he earns $1,300? (Use Table 9.1) At least But less than- B A | | | The tentative amount to withhold is: C Married Filing Jointly $ 0.00 $0.00 $38.20 $ 179.32 $567.40 $1,292.44 $1,840.28 $3,249.73 $0 $483 $483 $ 865 $865 $ 2,041 $ 2,041 $3,805 $3,805 $6,826 $6,826 $8,538 $ 12,565 $8,538 $ 12,565 Plus this percentage D 0% 10% 12% 22% 24% 32% 35% 37% of the amount that the Adjusted Wage exceeds E At least But less than- A TABLE 1-WEEKLY Payroll Period $0 $0 $ 241 $ 483 $241 $433 $865 $433 $ 1,021 $2,041 $1,021 $ 1,902 $3,805 $1,902 $3,413 $6,826 $3,413 $4,269 $8,538 $4,269 $ 10,311 $12,565 $ 10,311 E The tentative Plus this amount to percentage withhold is: C B D Single or Married Filing Separately $0.00 $0.00 $19.20 $ 89.76 $283.58 $646.22 $920.14 $ 3,034.84 0% 10% 12% 22% 24% 32% 35% 37% of the amount that the Adjusted Wage exceeds E At least But less than- - A $0 $362 $ 635 $0 $ 241 $ 433 $ 1,021 $ 1,404 $1,902 $2,022 $3,413 $3,533 $4,269 $4,388 $ 10,311 $10,431 B The tentative amount to withhold is: C Head of Household $362 $ 635 $1,404 $2,022 $3,533 $4,388 $10,431 $0.00 $ 0.00 $ 27.30 $119.58. $255.54 $618.18 $ 891.78 $ 3,006.83 Plus this percentage D 0% 10% 12% 22% 24% 32% 35% 37% of the amount that the Adjusted Wage exceeds - E $0 $362 $ 635 $ 1,404 $ 2,022 $ 3,533 $ 4,388 $ 10,431