Question
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 21, 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 Allowance Values.
Table of Allowance Values for 2017
|
the Wage-Bracket Method Tables.
the Percentage Method Tables.
Hogan Thrift Shop Payroll Register | |||||||||
Employee Name | Marital Status | No. of W/H Allowances | Total Earnings | Deductions | |||||
(a) FICA | (b) | (c) | (d) | (e) | |||||
OASDI | HI | FIT | SIT | CIT | Net Pay | ||||
John, Matthew | S | 3 | $2,524.00 | $ | $ | $ | $ | $ | $ |
Smith, Jennifer | M | 2 | 275.00 | ||||||
Bullen, Catherine | M | 0 | 250.00 | ||||||
Matthews, Mary | M | 2 | 320.25 | ||||||
Hadt, Bonnie | S | 2 | 450.00 | ||||||
Camp, Sean | M | 4 | 560.50 | ||||||
Wilson, Helen | S | 1 | 475.50 | ||||||
Gleason, Josie | S | 5 | 890.00 | ||||||
Totals | $5,745.25 | $ | $ | $ | $ | $ | $ |
Compute the employer's FICA taxes for the pay period ending December 21.
OASDI Taxes | HI Taxes | ||
OASDI taxable earnings | $ | HI taxable earnings | $ |
OASDI taxes | $ | HI taxes | $ |
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