During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,825. Compute the amount of FICA taxes that should be withheld from her. Note: Rachael's tax return status is single. If an amount is zero, enter "0". OASDI HI a. 9th paycheck fill in the blank 1 of 7$ fill in the blank 2 of 7$ b. 17th paycheck fill in the blank 3 of 7$ fill in the blank 4 of 7$ c. 20th paycheck fill in the blank 5 of 7$ fill in the blank 6 of 7$ d. If Lopez's year-to-date earnings as of her 24th paycheck are $235,800, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be withheld for the year?
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,825. Compute the amount of FICA taxes that should be withheld from her. Note: Rachael's tax return status is single. If an amount is zero, enter "0". OASDI HI a. 9th paycheck fill in the blank 1 of 7$ fill in the blank 2 of 7$ b. 17th paycheck fill in the blank 3 of 7$ fill in the blank 4 of 7$ c. 20th paycheck fill in the blank 5 of 7$ fill in the blank 6 of 7$ d. If Lopez's year-to-date earnings as of her 24th paycheck are $235,800, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be withheld for the year?
Chapter4: Income Tax Withholding
Section: Chapter Questions
Problem 3SSQ
Related questions
Question
During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $9,825. Compute the amount of FICA taxes that should be withheld from her.
Note: Rachael's tax return status is single. If an amount is zero, enter "0".
OASDI | HI | ||
---|---|---|---|
a. | 9th paycheck | fill in the blank 1 of 7$ | fill in the blank 2 of 7$ |
b. | 17th paycheck | fill in the blank 3 of 7$ | fill in the blank 4 of 7$ |
c. | 20th paycheck | fill in the blank 5 of 7$ | fill in the blank 6 of 7$ |
d. | If Lopez's year-to-date earnings as of her 24th paycheck are $235,800, and her year-end bonus is $100,000, how much additional 0.9% HI tax would be withheld for the year? |
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