Cumulative gross earnings including overtime pay of 92000


Q. Dee is paid $1,245 on November 7, 20-. Dee had cumulative gross earnings, including overtime pay, of $92,000 prior to this pay.

a. The amount of OASDI taxes to withhold from Dee's pay is __________.

b. The amount of HI taxes to withhold from Dee's pay is __________.

Q. Eager, a tipped employee, reported to his employer that he had received $320 in tips during March. On the next payday, April 4, he was paid his regular salary of $250.

a. The amount of OASDI taxes to withhold from Eager's pay is __________.

 

b. The amount of HI taxes to withhold from Eager's pay is __________.

Request for Solution File

Ask an Expert for Answer!!
Financial Accounting: Cumulative gross earnings including overtime pay of 92000
Reference No:- TGS01269854

Expected delivery within 24 Hours