Question
The San Bernardino County Fair hires about 100 people during fair time. California has a state income tax of 9%. Sandy Denny earns $13.30 per
The San Bernardino County Fair hires about 100 people during fair time. California has a state income tax of 9%. Sandy Denny earns $13.30 per hour; George Barney earns $14.30 per hour. They both worked 41 hours this week. Both are married; however, Sandy files jointly and George files separately. Assume a rate of 6.2% on $142,800 for Social Security and 1.45% for Medicare.
a. What is Sandys net pay after FIT (use the Table 9.1), Social Security tax, state income tax, and Medicare have been taken out?
Note: Round your answer to the nearest cent.
b. What is Georges net pay after FIT (use the Table 9.1), Social Security tax, state income tax, and Medicare have been taken out?
Note: Round your answer to the nearest cent.
c. What is the difference between Sandys net pay and Georges net pay?
Note: Round your answer to the nearest cent.
Percentage method income tax withholding schedules 2021 Percentage Method Tables STANDARD Withholding Rate Schedules (Use these if the box in Step 2 of Form W-4 is NOT checked)
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