Business
Business, 28.11.2019 04:31, sarbjit879

Mr. ortega earns a monthly salary of $8,000. based on mr. ortega’s form w-4, the tax tables require withholding $900 per month for income taxes. mr. ortega has authorized his employer to deduct $380 per month for medical insurance and $30 per month for a charitable contribution to the humane society. assume a fica tax rate of 6%, a medicare tax rate of 1.5%, and an unemployment tax rate of 6% on the first $7,000 of income. based on this information, mr. ortega’s net pay for january 31, year 1 is

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Mr. ortega earns a monthly salary of $8,000. based on mr. ortega’s form w-4, the tax tables require...

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