During 2019, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $8,000. Compute the amount of FICA taxes that should be withheld from her OASDIHIa. 9th paycheckb. 17th paychecke. 24th paycheckd. If Rachael Parkin's year-to-date earnings as of her24th paycheck are $192,000, and her year-end bonusis S100,000, how much is the additional 0.9% HI taxowithheld?

Calculate the amount of FICA taxes that should be withheld from Person R. Particulars OASDI HI…

OASDI HI a. 9th paycheck b. 17th paycheck e. 24th paycheck d. If Rachael Parkin's year-to-date earnings as of her 24th paycheck are $192,000, and her year-end bonus is S100,000, how much is the additional 0.9% HI taxo withheld?

OASDI HI a. 9th paycheck b. 17th paycheck e. 24th paycheck d. If Rachael Parkin's year-to-date earnings as of her 24th paycheck are $192,000, and her year-end bonus is S100,000, how much is the additional 0.9% HI taxo withheld?

PAYROLL ACCT.,2019 ED.(LL)-TEXT

19th Edition

ISBN:9781337619783

Author:BIEG

Publisher:BIEG

Chapter4: Income Tax Withholding

Section: Chapter Questions

Problem 3SSQ

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Question

During 2019, Rachael Parkins, president of Mathieson Company, was paid a semimonthly salary of $8,000. Compute the amount of FICA taxes that should be withheld from her

OASDI
HI
a. 9th paycheck
b. 17th paycheck
e. 24th paycheck
d. If Rachael Parkin's year-to-date earnings as of her
24th paycheck are $192,000, and her year-end bonus
is S100,000, how much is the additional 0.9% HI taxo
withheld?

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