Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $148.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($510.00), and the employer withholds the appropriate taxes for the tips from this first pay in March.

Calculate his net take-home pay assuming the employer withheld federal income tax (wage-bracket, married, 2 allowances), social security taxes, and state income tax (2%).

Enter deductions beginning with a minus sign (-). Round your answers to the nearest cent and use the rounded answers in subsequent computations.

Click here to access the Wage-Bracket Method Tables.

Gross pay

Federal income tax

Social security taxes - OASDI

Social security taxes - HI

State income tax

Net pay