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Sheridan Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week.
Sheridan Hardware has four employees who are paid on an hourly basis plus time-and-a-half for all hours worked in excess of 40 a week. Payroll data for the week ended March 15, 2022, are presented below. Employee Ben Abel Hours Worked Hourly Rate Federal Income Tax Withholdings United Fund 40 $15.00 $59.00 $5.00 Rita Hager 42 16.00 64.00 5.00 Jack Never Sue Perez 48 46 13.00 60.00 8.00 13.00 62.00 5.00 Abel and Hager are married. They claim 0 and 4 withholding allowances, respectively. The following tax rates are applicable: FICA 7.65%, state income taxes 3%, state unemployment taxes 5.4%, and federal unemployment 0.6%. If the wages MARRIED Persons-WEEKLY Payroll Period (For Wages Paid through December 2022) And the number of withholding allowances claimed is- are- But At 0 1 2 3 4 5 6 7 8 9 10 less least than 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 1,338 1,349 127 117 107 97 88 78 1,349 1,360 128 118 108 99 89 79 70 389 67 && 68 S 57 48 38 30 59 49 39 31 60 50 41 32 1,360 1,371 129 119 | 110 | 100 2 90 81 71 61 52 42 33 83 285 1,371 1,382 130 121 111 101 1,382 1,393 132 122 112 | 103 92 82 93 22 72 63 53 43 34 83 74 64 54 45 35 3 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 1,448 1,459 140 130 120 111 101 91 82 72 1,459 1,470 141 131 122 112 102 93 83 73 1,470 1,481 142 133 123 113 104 94 1,481 1,492 144 134 124 115 105 95 80 71 61 51 62 52 43 64 54 2 84 75 65 55 3 45 &&&& 41 44 86 76 66 56 47 1,492 1,503 145 135 126 116 106 97 87 77 67 58 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 LA $ $ Total EA EA $ Net Pay LA $ Salaries and Wages Expense $ $ SHERIDAN HARDWARE Payroll Register For the Week Ending March 15, 2022 FICA Federal Income Tax $ GA GA Deductions State Income Tax CA United Fund Employee Hours Regular Ben Abel 40 $ Rita Hager 42 Jack Never 46 Sue Perez 48 Totals $ Earnings Overtime CA $ CA EA Gross Pay
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