Question
The following employees of CIBA Ironworks in Bristol, Illinois, are paid in different frequencies. Some employees have union dues or garnishments deducted from their pay.
The following employees of CIBA Ironworks in Bristol, Illinois, are paid in different frequencies. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay using the percentage method in Appendix C (or the IRS federal income tax assistant or IRS Publication 15-T). Include Illinois income tax of 4.95 percent of taxable pay. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. Assume that box 2 is not checked for all employees. (Round your intermediate calculations and final answers to 2 decimal places.)
My numbers keep getting counted wrong because the federal withholding I calculate is wrong. It is not asking to just subract garnisments, you have to figure out SS and medicare and state and federal withholdings as well.
Net Pay Employee C. Whaley F. Paguaga K. Harvey L. Bolling Frequency Weekly Semi-monthly Monthly Biweekly Filing Status, Dependents MJ-O MJ-2 (Step by Step Solution
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