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28 October, 13:22

Raquel has gross pay of $732 and federal tax withholdings of $62. Determine Raquel's net pay if she has the additional items withheld:

Social Security tax that is 6.2% of her gross pay

Medicare tax that is 1.45% of her gross pay

state tax that is 21% of her federal tax

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  1. 28 October, 13:44
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    Federal tax = $62

    Social Security = 0.062 x 732 = $45.38

    Medicare = 0.0145 x 732 = $10.61

    State tax = 0.21 x 62 = $13.02

    Total withheld = 62 + 45.38 + 10.61 + 13.02 = $131.01

    Net pay = $732 - $131.01 = $600.99
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