Answer:
Step-by-step explanation:
The required withholding amounts are ...
- federal tax = 0.12×$1375 = $165.00
- state taxes = 0.07×$1375 = $96.25
- FICA = 0.0765×$1375 = $105.19
So, the total involuntary withholding is ...
$165.00 +96.25 +105.19 = $366.44
We want to find the voluntary withholding such that ...
(gross pay) - (involuntary withholding) - (voluntary withholding) = (net pay)
Adding (voluntary withholding - net pay) to both sides of this equation, we get ...
(gross pay) - (involuntary withholding) - (net pay) = (voluntary withholding)
Filling in the values we know gives ...
$1375 -366.44 -725 = voluntary withholding = $283.56
Your voluntary withholding is $283.56.
