Question - Johnny paycheck earned 1,550 per month as the manager of a recording studio. Joe has 21% of his earnings withheld for federal income taxes. There are no other amounts withheld except for those required by the federal government. What are the other amounts that must be deducted from Joes earnings? Calculate the net amount Joe will receive on his next paycheck.
What are the other federal deductions required to be withheld from Joes paycheck? Calculate the withholdings and the net earnings.