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To help pay for college, you worked part - time at a local restaurant, earning $ 2 0 , 0 0 0 in wages and

To help pay for college, you worked part-time at a local restaurant, earning $20,000 in wages and tips. Use the following information to complete parts (a) through (c).
Employee's Rates
7.65% on first $142,800 of income
1.45% of income in excess of $142,800
Matching Rates Paid by the Employer
7.65% on first $142,800 paid in wages
1.45% of wages paid in excess of $142,800
Self-Employed Rates
15.3% on first $142,800 of net profits
2.9% of net profits in excess
of $142,800
c. Including both FICA and income tax, what percentage of your gross income are your federal taxes?
Federal taxes are %.
(Round to one decimal place as needed.)
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