Author Question: Benji lives in a state with a 4.05 state tax. If Benji's gross earnings last week were 388.76, how ... (Read 69 times)

Wadzanai

  • Hero Member
  • *****
  • Posts: 528
Benji lives in a state with a 4.05 state tax. If Benji's gross earnings last week were 388.76, how much state income tax was withheld? Round to the nearest cent.

Question 2

An accountant is calculating the amount to send to the IRS for an employee's taxes. For one particular employee who earned 613, the federal income tax withheld is 28. Social Security and Medicare taxes at 6.2 and 1.45 were also included. How much in all should be sent to the IRS for this employee?



meganlapinski

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

15.74;

Answer to Question 2

121.80;



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

For a complete list of videos, visit our video library