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The following 2 employees are PAID monthly and this is the last payday of the year (Dec). Pay for each employee and their amount of

The following 2 employees are PAID monthly and this is the last payday of the year (Dec).

Pay for each employee and their amount of deductions each pay has changed over the year, thus

I will provide their total prior pay.

1. Katie S . Dec. gross pay $16,200

Prior 11 months wages - Gross: $178,200

Federal taxable: $154,000

Social Security taxable: $160,200

Medicare taxable: $162,800

Katie's December deductions from regular pay:

a. Child Support $1,300

b. 401K $800

c. Red Cross Donation $50

d. Ivy Tech Foundation donation $130

e. Medical Prem. $900

f. HSA $500

2. John D.. Dec. regular pay $15,400

Prior 11 months wages - Gross: $169,400

Federal taxable: $144,100

Social Security taxable: $151,800

Medicare taxable: $151,800

John's December deductions from regular pay:

a. 401K $700

b. Back Federal taxes garnishment $1,300

c. Medical Ins. Prem. $850

d. Flexible Spending for dependents $400

e. Medical Flexible Spending $350

  1. What is Katie's December Federal taxable income?
  2. What is Katie's December Social Security taxable income?
  3. What is Katie's December Medicare taxable income?
  4. What is John's December Federal taxable income?
  5. What is John's December Social Security taxable income?
  6. What is John's December Medicare taxable income?

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