Question
You decide to work part-time at a local supermarket. The job pays $15.50 per hour and you work 22 hours per week. Your employer withholds
You decide to work part-time at a local supermarket. The job pays $15.50 per hour and you work 22 hours per week. Your employer withholds 10% of your gross pay for federal taxes, 7.65% for FICA taxes, and 3% for state taxes. Complete parts (a) through (f) below. a. What is your weekly gross pay? b. How much is withheld per week for federal taxes? c. How much is withheld per week for FICA taxes? d. How much is withheld per week for state taxes? e. What is your weekly net pay? f. What percentage of your gross pay is withheld for taxes?
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Applied Statistics In Business And Economics
Authors: David Doane, Lori Seward
4th Edition
73521485, 978-0073521480
