Phil Phoenix is paid monthly. For the month of January of

Phil Phoenix is paid monthly. For the month of January of

Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of…Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $9,288.
Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of…Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $9,288. The FICA tax for social security is 6.2% and the FICA tax rate for Medicare is 1.45%. The FUTA tax rate is 0.8%, and the SUTA tax rate is 5.4%. Both unemployment taxes are applied to the first $7,000 of an employee’s pay. The amount of federal income tax withheld from his earnings was $1,541.17. His net pay for the month is:

 
. .

The post Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of… Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $9,288. appeared first on acecipd.com.