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QUESTION
jeff jones earns $ 1200 per week. he is married and cliams four withholding allowances. the FICA rate is as follows: Social security is 6.2% on $...
jeff jones earns $ 1200 per week. he is married and cliams four withholding allowances. the FICA rate is as follows: Social security is 6.2% on $ 97,500; medicare rate is 1.45%. to date is cumulative wages are $ 6000. each paycheck, his employer deducts $ 42.50 for health insurance. wht is net pay. ( calculate by FIT percentage method)
