A retiree working part-time as a greeter had a gross income of $7925 last year. If his federal tax rate was 10% and his state rate was 5% what was the amount withheld from his pay last year in federal tax,state tax,and FICA,combined?
A retiree working part-time as a greeter had a gross income of $7925 last year. If his federal tax rate was 10% and his state rate was 5% what was the amount withheld from his pay last year in federal tax,state tax,and FICA,combined?
Chapter9: Payroll, Estimated Payments, And Retirement Plans
Section: Chapter Questions
Problem 13P
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A retiree working part-time as a greeter had a gross income of $7925 last year. If his federal tax rate was 10% and his state rate was 5% what was the amount withheld from his pay last year in federal tax,state tax,and FICA,combined?
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