Question

find the total tax deductions for each of the following weekly paychecks. weekly pay $98.00 $240.00 $150.00. FICA(7.65%)

Answer 1

Answer:

a)$7.497

b)$18.36

c)$11.475

Step-by-step explanation:

a) weekly pay $98.00

Tax% = 7.65%

Tax deduction = $7.65\% \times 98$

Tax deduction = $\frac{7.65}{100} \times 98$

Tax deduction = $7.497$

b) weekly pay $240.00

Tax% = 7.65%

Tax deduction = $7.65\% \times 240$

Tax deduction = $\frac{7.65}{100} \times 240$

Tax deduction = $18.36$

c) weekly pay $150.00

Tax% = 7.65%

Tax deduction = $7.65\% \times 150$

Tax deduction = $\frac{7.65}{100} \times 150$

Tax deduction = $11.475$

Answer 2

Answer:

$7.50; $18.36; $11.48

Step-by-step explanation:

FICA = 7.65 %

A. Weekly pay  $98.00

Tax deduction = 98.00 × 7.65/100

Tax deduction = $7.50

B. Weekly pay  $240.00

Tax deduction = 240.00 × 7.65/100

Tax deduction = $18.36

C. Weekly pay  $150.00

Tax deduction = 150.00 × 7.65/100

Tax deduction = $11.48