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You are the payroll manager for a resort. Your daughter (Diana Boxwood) is the marketing director earning a salary of $38,400 per year, payable monthly.

You are the payroll manager for a resort. Your daughter (Diana Boxwood) is the marketing director earning a salary of $38,400 per year, payable monthly. She is married and claims four withholding allowances. Her social security number is 888-88-8888.

In addition to federal income tax, social security, and Medicare, Diana pays 2.4% state income tax,

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% for state disability insurance (both based on gross earnings), $39.76 for term life insurance, $131.73 to the credit union, and $20 to the United Way.

Fill out the following payroll voucher for Diana for the month of May. (Use Exhibit 9-1 and Exhibit 9-2 from your text. Social Security Tax is 6.2% of gross wages up to $128,400. Medicare Tax is 1.45% of all gross wages. )

Payroll Voucher
Employee: Tax Filing Status: ---Select--- Married Single
SSN: Withholding Allowances:
Full-time Pay Period From ---Select--- January February March April May June July August September October November December to ---Select--- January February March April May June July August September October November December
Primary Withholdings: Additional Withholdings:
Federal income tax $ Term life $
Social Security $ Credit union $
Medicare $ United Way $
State income tax $
State disability $
Gross earnings: $
Total withholdings: $

NET PAY $

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