Berkley's gross pay for the month is $5,400.His deduction for federal income tax is based on a rate of 18%.He has no voluntary deductions.His yearly pay is under the limit for OASDI.What is Berkley's net pay? (Assume a FICA-OASDI Tax of 4.2% and FICA-Medicare Tax of 1.45%.)

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Berkley's gross pay is $5,400. His deduction for federal income tax is based on a rate of 18%. He has no voluntary deductions. His yearly pay is under the limit for OASDI. So, his net pay is $4,122.90.

Berkley's Gross Pay for the Month Is $5,400