find the total tax deductions for each of the following weekly paychecks. weekly pay $98.00 $240.00 $150.00. FICA(7.65%)
2 answers:
Answer:
a)$7.497
b)$18.36
c)$11.475
Step-by-step explanation:
a) weekly pay $98.00
Tax% = 7.65%
Tax deduction =
Tax deduction =
Tax deduction =
b) weekly pay $240.00
Tax% = 7.65%
Tax deduction =
Tax deduction =
Tax deduction =
c) weekly pay $150.00
Tax% = 7.65%
Tax deduction =
Tax deduction =
Tax deduction =
Answer:
$7.50; $18.36; $11.48
Step-by-step explanation:
FICA = 7.65 %
A. <em>Weekly pay $98.00
</em>
Tax deduction = 98.00 × 7.65/100
Tax deduction = $7.50
B. <em>Weekly pay $240.00
</em>
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
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