Mathematics, 17.08.2020 03:01 tagerryawilson6
John Jacobson, a title insurance officer, is married and claims 2
allowances. He earns $432.75 a week. The social security tax rate is
6.2% of the first $62,700 earned. The medicare tax rate is 1.45% of
gross. The state tax is $6.95 a week. He has weekly deductions of
$21 for medical insurance and $30 for payroll savings. Use the FIT
table above to find John's federal tax withheld. What is his net pay
for
a week?
Answers: 1
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John Jacobson, a title insurance officer, is married and claims 2
allowances. He earns $432.75 a we...
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