Author Question: A payroll clerk is calculating the amount that the company should send to the IRS. For one ... (Read 166 times)

hbsimmons88

  • Hero Member
  • *****
  • Posts: 526
A payroll clerk is calculating the amount that the company should send to the IRS. For one employee's paycheck, the federal income tax withheld is 43.24, the Social Security tax is 31.00, and the Medicare tax withheld is 7.25. How much should be sent for this employee?
 A) 119.74
  B) 88.74
  C) 81.49
  D) 473.74

Question 2

Raj lives in a state where there is a 3.75 state tax. If Raj's gross earnings last week were 675.39, how much state income tax was withheld?
 A) 125.33
  B) 55.33
  C) 25.33
  D) 24.90



Alyson.hiatt@yahoo.com

  • Sr. Member
  • ****
  • Posts: 354
Answer to Question 1

A

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Bacteria have been found alive in a lake buried one half mile under ice in Antarctica.

Did you know?

Never take aspirin without food because it is likely to irritate your stomach. Never give aspirin to children under age 12. Overdoses of aspirin have the potential to cause deafness.

Did you know?

More than 20 million Americans cite use of marijuana within the past 30 days, according to the National Survey on Drug Use and Health (NSDUH). More than 8 million admit to using it almost every day.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

For a complete list of videos, visit our video library