Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($500.00), and the employer withholds the appropriate taxes for the tips from this first pay in March.

Question

Kendall Robertson

Mathematics

19 September, 17:32

Sean Matthews is a waiter at the Duluxe Lounge. In his first weekly pay in March, he earned $300.00 for the 40 hours he worked. In addition, he reports his tips for February to his employer ($500.00), and the employer withholds the appropriate taxes for the tips from this first pay in March.

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Zane Copeland · Answer 1

If we calculate the net take home pay and we assume the employer withheld federal income tax (wage-bracket, married, 2 allowances), social security taxes, and state income tax (2%)

Married at least $500 but not more than $510 $21

Social Security at 4.2% $21

State income tax at 2% $10

Total taxes: $52

Total net take-home pay: $598