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The following information is available about Chet Manchester Chet is married and lives in Wabash County, Indiana. He and his wife have no children. Chet
The following information is available about Chet Manchester Chet is married and lives in Wabash County, Indiana. He and his wife have no children. Chet earns $45,000 a year and is paid monthly Chet's Indiana WH4 indicates that he has 2 exemptions and is married Chet has medical insurance premiums of $300 per month withheld from his paycheck. This medical insurance qualifies as tax-exempt Chet has 5% of his gross pay withheld for a 401(k) plan Chet has a HSA plan and withholds $120 per month to save for health expenses How much is Chet's net pay in one paycheck? Complete in Excel or by hand fully showing all calculations
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