Answered step by step
Verified Expert Solution
Question
1 Approved Answer
The San Bernardino County Fair hires about 150 people during fair time. California has a state income tax of 9%. Sandy Denny earns $13.00
The San Bernardino County Fair hires about 150 people during fair time. California has a state income tax of 9%. Sandy Denny earns $13.00 per hour; George Barney earns $14.00 per hour. They both worked 39 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 Sandy's 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. Sandy's net pay after FIT b. What is George's 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. George's net pay after FIT c. What is the difference between Sandy's net pay and George's net pay? Note: Round your answer to the nearest cent. Difference in net pay
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started