Question:
Assume a tax rate of 6 2 on 142 800 for Social Security and
Last updated: 3/14/2024
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Assume a tax rate of 6 2 on 142 800 for Social Security and 1 45 for Medicare No one will reach the maximum for FICA Complete the following payroll register Use the percentage method to calculate FIT for this weekly period Use Table 9 1 Note Do not round intermediate calculations and round your final answers to the nearest cent FICA Employee Marital status Gross pay FIT Social Security Medicare Net pay Pat Brown S 2 800 2 349 15 173 60 40 60 237 65