Jack's gross weekly pay is $498. He has $52 withheld from each paycheck for federal income
tax. In addition, Social Security, Medicare, state tax of 2.5 percent, and local tax of 1.25
percent are withheld from his paycheck. How much is withheld in Social Security, Medicare,
State, and Local taxes? Finally, what is his net pay?

Respuesta :

Answer:

A. 56.78 B. 389.22

Step-by-step explanation:

A.Social security: 498x.062=30.88

  medicare: 498x.0145=7.22

  state tax: 498x.025=12.45

  local tax:  498x.0125=6.23

  total of above = 56.78

B. Total taxes above (56.78) + federal withheld (52) = total taxes 108.78

total pay 498 - total taxes 108.78 = 389.22