Question
Winston Jones is married and has no dependents. During 2020, he worked for Alabama A & M University and for the two week pay period
Winston Jones is married and has no dependents. During 2020, he worked for Alabama A & M University and for the two week pay period ending November 30, 2020 the following is his expected record:
a. Number of hours worked:78
b. Hourly rate:$30
c. Expected Bonus earned for the pay-period: $1,000
He requested the following deductions from his wages:
a. 401-k$75
b. Health Insurance: $55
c. United Way $40
Requirements:
1. Calculate Winston Jones taxes and pay. These taxes include:
A. OASDI ___________________________________________
B. Medicare_________________________________________
C. Income Tax_______________________________________
D. State tax if the tax rate is 4%_________________________
2. What is John Barringtons take home pay?_______________
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