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You are the payroll manager for a resort. Your daughter (Diana Boxwood) is the marketing director earning a salary of $40,800 per year, payable monthly.

You are the payroll manager for a resort. Your daughter (Diana Boxwood) is the marketing director earning a salary of $40,800 per year, payable monthly. She is married and claims three withholding allowances. Her social security number is 999-99-9999.

In addition to federal income tax, social security, and Medicare, Diana pays 2.4% state income tax, 1/2% for state disability insurance (both based on gross earnings), $31.63 for term life insurance, $131.93 to the credit union, and $20 to the United Way.

Fill out the following payroll voucher for Diana for the month of November. (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: Diana Boxwood Tax Filing Status: ---Select--- Married
SSN: 999-99-9999 Withholding Allowances:
Primary Withholdings: Additional Withholdings:
Federal income tax $ Term life $ 31.63
Social Security $ 2529.60 Credit union $ 131.93
Medicare $ 591.60 United Way $ 20
State income tax $ 979.20
State disability $ 204
Gross earnings: $
Total withholdings: $

NET PAY $

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