Section B-DIRECTIONS: Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage bases:
Employees' and Employer's OASDI-6.2% both on $118,500; HI-1.45% for employees and employers on the total wages paid. Employees' Supplemental HI of 0.9% on wages in excess of $200,000 was not applicable in these problems.
During 2017, Amanda Hines, president of Dunne, Inc., was paid a semimonthly salary of $6,800. Determine the following amounts.