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The total monthly wages of four employees are listed below. Determine the amount of the deductions and the net pay due to each employee. Use
The total monthly wages of four employees are listed below. Determine the amount of the deductions and the net pay due to each employee. Use 6.2% for Social Security and 1.45% for Medicare tax deductions, and use the percentage method for federal income tax withholding. Determine the deductions and totals. Round all computations to the nearest cent.
25% 10:23 PM Use T 0-3 urld Table 10-4 The tntal menthly wages f fnur employees are liste heln netermalnR the amo nt n the deduct Be the percentage m for federal Income tax ng. Determine the deduction End totals. ethod Name Marital status WiH Allow. Total Wages social all, Kyher s 260,4 Cavisnn, Willem 1,240.00 s 201.5 s 924,73 14915 25% 10:23 PM Use T 0-3 urld Table 10-4 The tntal menthly wages f fnur employees are liste heln netermalnR the amo nt n the deduct Be the percentage m for federal Income tax ng. Determine the deduction End totals. ethod Name Marital status WiH Allow. Total Wages social all, Kyher s 260,4 Cavisnn, Willem 1,240.00 s 201.5 s 924,73 14915Step by Step Solution
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