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Dmitriy789 [7]
3 years ago
7

You are paid $8.35/hr at your part time job. your deductions are FICA (7.65%), Federal tax withholding (9.15%), & state tax

withholding (7.5%). your travel expense are $6.30 per day worked. you work 16 hours over a 4-day period of time. what is your net income after travel expenses?
Thanks in advance!
Mathematics
1 answer:
VLD [36.1K]3 years ago
6 0
Hi there:)

start off with the gross.
8.35×16=133.6
Total tax rate is
7.65+9.15+7.5=24.3%
Tax
133.6×0.243=32.4648
Subtract the tax from gross
133.6−32.4648=101.1352
Deducte your expenses
101.1352−(6.30×4)
=75.94 this is your net income

Hope it helps
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