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The payroll records of Speedy Software show the following information about Marsha Gottschalk, an employee, for the weekly pay period ending September 30. Gottschalk
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The payroll records of Speedy Software show the following information about Marsha Gottschalk, an employee, for the weekly pay period ending September 30. Gottschalk is single and claims one allowance. Compute her Soclal Security tax (6.2\%), Medicare tax (1.45\%), federal Income tax withholding (use the withholding table in state income tax(1.0%), and net pay for the current pay period. (Round your final answers to 2 decimal places.) Total (gross) earnings for current pay period $615 Cumulative earnings of previous pay periods $7,995 Organic Farmers Co-Op has three employees and pays them weekly. Using the withholding bracket table in determine each employee's federal income tax withholding. 1. Marla earns $722 per week and clalms three withholding allowances. 2. Jeff earns $644 per week and claims five withholding allowances. 3. Allcla earns $683 per week and does not claim any withholding allowancesStep by Step Solution
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