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Maeda Company Has the Following Employees on the Payroll Using the Above Information Calculate the FICA Taxes and Federal

Question 125

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Maeda Company has the following employees on the payroll:
 Marital  Semimonthly  Withholding  Employee Name  Status  Payroll  Allowances  Amal S$4,8001 Miguel M$5,60C2 Byron S$5,00C3 Hiroko M$6,20C4\begin{array}{lccc}& \text { Marital } & \text { Semimonthly } & \text { Withholding } \\\text { Employee Name } & \text { Status } & \text { Payroll } & \text { Allowances }\\\text { Amal } & \mathrm{S} & \$ 4,800 & 1 \\\text { Miguel } & \mathrm{M} & \$ 5,60 \mathrm{C} & 2 \\\text { Byron } & \mathrm{S} & \$ 5,00 \mathrm{C} & 3 \\\text { Hiroko } & \mathrm{M} & \$ 6,20 \mathrm{C} & 4\end{array} Using the above information calculate the FICA taxes and federal income tax for the second quarter of 2017.Assume that the payroll is consistent every pay period in January through June and that all tax deposits were made on a timely basis as required for the prior quarter.What is the total tax liability due for the second quarter?

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$42,165.90
FIT = $3,722.85 × 6...

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