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Suppose Jim worked 75 hours during this payroll period and is paid $11.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and withholding tax
Suppose Jim worked 75 hours during this payroll period and is paid $11.00 per hour. Assume FICA is 6.2%, Medicare is 1.45% and withholding tax is 10%.Calculate Jim's net paycheck for the period which i already answered as 679.39.Calculate Jim's employer's payroll tax expense for the period which I already have as 63.11.
Calculate Jim's employer's total payroll tax liability for the period?
my homework website tells me 145.61 is wrong and I have gotten that answer twice from feedback, just want a third opinion!
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