The person pays Social Security 6.2 percent of the first $90,000. Medicare is 1.45 percent of all income. Use the tax tables for
federal tax. The state tax is 2 percent of gross pay and the local tax is 1.5 percent of gross pay. (Remember to add the Medical, Union Dues, and Others for total deduction. FIT = Federal Income Tax, FICA = Social Security).
1 answer:
You might be interested in
