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The following 2 employees are PAID monthly and this is the last payday of the year (Dec). Each employee's taxable part of their wages is
The following 2 employees are PAID monthly and this is the last payday of the year (Dec). Each employee's taxable part of their wages is listed below. Prior wages are only needed for FUTA purposes. The company is located in Henry County, IN and has a SUTA rate of 2% 1. Sally - has worked the entire year Dec. regular pay $13,150 Federal taxable: $11,700 Social Security taxable: $ 7,200 Medicare taxable: $12,200 Married (spouse works and checks part 2 of W4, item 3 total $4,000) Lives in Delaware County, IN (cty rate = 1.5%) 2. Mickey started in October Dec. regular pay $2,400 Federal taxable: $ 2,100 $2,100 $2,100 Social Security taxable: Medicare taxable: Single is the only item marked on his W-4 Lives in Delaware County, IN (cty rate = 1.5%) How much in Social Security taxes should be collected in total from both employees? Question 11 How much in Medicare taxes should be collected in total from both employees? Question 12 How much in State Withholding taxes should be collected in total from both employees? Assume both employees have taxes deducted at exactly the Indiana state rate. 2 pts 2 pts
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