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3 years ago

10

PLEASE HELP!!! WILL AWARD BRAINLIEST!!! you work a part-time job earning 6.80/hr with tips that average 2.30/hr you work 20 hr/w

k and your deductions are fica 7.65% federal tax withholding 8.95% percent and state tax withholding 6.1% how much are you allowed in housing expenses per month

2 answers:

Ahat [919]3 years ago

5 0

<h2>Answer:</h2>

Monthly housing allowance will be $609.65

<h2>Step-by-step explanation:</h2>

You work a part-time job earning 6.80/hr with tips that average 2.30/hr you work 20 hr/wk.

$6.80\times20=136$

$2.30\times20=46$

Total earnings for the week is = $136+46=182$ dollars

Now, deductions are as follows:

Fica 7.65% : $0.0765\times182=13.923$

Federal tax withholding 8.95% : $0.0895\times182=16.289$

State tax withholding 6.1% : $0.061\times182=11.102$

Total deductions = $13.923+16.289+11.102=41.314$

So, total take home pay = $182-41.314=140.686$ ≈ $140.69

The weekly net income allowed for hosing is $140.69.

So, monthly housing allowance will be :

$140.69\times4$ = $562.76

solmaris [256]3 years ago

4 0

143.7 I believe since you take 6.80*20=136+46=2.3*20

136+46=182

182*7.65%=168.08

168.08*8.95%=153.04

153.04*6.1%=143.7

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