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The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the
The names of the employees of Hogan Thrift Shop are listed on the following payroll register. Employees are paid weekly. The marital status and the number of allowances claimed are shown on the payroll register, along with each employee's weekly salary, which has remained the same all year, complete the payroll register for the payroll period ending December 22, the 51st weekly payday. The state income tax rate is 2% of total earnings, the city income tax rate is 1.5% of the total gross earnings, and the wage-bracket method is used for federal income taxes. Enter all amounts as positive numbers. Round your calculations and final answers to the nearest cent. Click here to access the Table of Alowance Values. Click here to access the Wage Bracket Method Tables Click here to access the Percentage Method Tables for earnings beyond wage-bracket range Hogan Thrift Shop Payroll Register Deductions (a) FICA Marital No. of W/H Total OASDI HI FIT SIT CIT Net Pay Employee Name Status Allowances Earnings Johrn, Matthew Smith, Jennifer Gullen, CatherineS Matthews, Mary S Hadt, Bonnle Camp, Sean wilson, Helen Gleason, Josle Totals $2,350.00 275.00 250.00 320.25 450.00 560.50 475.50 890.00 $5,571.25 Compute the employer's FICA taxes for the pay period ending December 22. OASDI Taxes OASDI taxable earnings OASDI taxes HI Taxes HI taxable eamings Hi taxes
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