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TIS Seved Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Assume that all wages are subject to Social Security and
TIS Seved Enlightened Eats in Anchorage, Alaska, has six employees who are paid semimonthly. Assume that all wages are subject to Social Security and Medicare taxes. All 401(k) and Section 125 amounts are pre-tax deductions. You do not need to complete the number of hours. Required: Calculate the net pay from the information provided below for the November 15 pay date. Use the percentage method for manual payroll systems with Forms W-4 from 2020 or later in Appendix C to compute federal income taxes. (Round your intermediate calculations and final answers to 2 decimal places.) a. W. Packer Married/Joint, two dependents
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