Solved

T Powell, an Employee of Daisy's Day Care, Worked 48

Question 101

Essay

T. Powell, an employee of Daisy's Day Care, worked 48 hours during the week of August 29. Her rate of pay is $21.50 per hour, and she receives time-and-a-half for work in excess of 40 hours per week. T. Powell is single and claims zero allowances on her W-4 form. Her YTD earnings before this pay period are $34,850 with wages subject to the following deductions:
a.)Federal income tax, $190.
b.)Social Security tax at 6.2 percent, with a wage limit of $113,700.
c.)Medicare tax at 1.45 percent.
d.)
Medical insurance premium (after tax), $80.
e.)
United Way contribution.$55.Instructions:
T. Powell, an employee of Daisy's Day Care, worked 48 hours during the week of August 29. Her rate of pay is $21.50 per hour, and she receives time-and-a-half for work in excess of 40 hours per week. T. Powell is single and claims zero allowances on her W-4 form. Her YTD earnings before this pay period are $34,850 with wages subject to the following deductions: a.)Federal income tax, $190. b.)Social Security tax at 6.2 percent, with a wage limit of $113,700. c.)Medicare tax at 1.45 percent. d.) Medical insurance premium (after tax), $80. e.) United Way contribution.$55.Instructions:

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents