Assume that instead of $5,900 per month Tom earned $11,400 per month. Based on this new level of income Tom's new federal income tax withholding is $1,800. What is Tom's net pay? Note: Round your answers to 2 decimal places. January to November (per month) December Net Pay Assume that instead of $5,900 per month Tom earned $11,400 per month. Based on this new level of income Tom's new federal income tax withholding is $1,800. What amount does Tom pay monthly in FICA payroll taxes? Note: Round your answers to 2 decimal places. FICA Payroll Tax January to November (per month) December $ 855.00

Assume that instead of $5,900 per month Tom earned $11,400 per month. Based on this new level of income Tom's new federal income tax withholding is $1,800. What is Tom's net pay? Note: Round your answers to 2 decimal places. January to November (per month) December Net Pay Assume that instead of $5,900 per month Tom earned $11,400 per month. Based on this new level of income Tom's new federal income tax withholding is $1,800. What amount does Tom pay monthly in FICA payroll taxes? Note: Round your answers to 2 decimal places. FICA Payroll Tax January to November (per month) December $ 855.00

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 7E

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