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3 years ago

12

How do calculate net pay and gross pay together to make one whole sum?

1 answer:

devlian [24]3 years ago

3 0

Start with Gross Pay. To begin the calculation of net pay, you must start with the employee's gross pay. ...

Deduct Federal Income Tax Withholding. ...

Deduct any State and Local Withholding. ...

Withhold FICA taxes. ...

Take any additional voluntary deductions.

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answer
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