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Marianna [84]
2 years ago
6

Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld?

Mathematics
2 answers:
ipn [44]2 years ago
8 0

Answer:

Chuck will get $686.67.

Step-by-step explanation:

Chuck has a gross pay of $815.70.

Federal tax of $56

Social Security tax that is 6.2% of his gross pay; 0.062\times815.70=50.57 dollars

Medicare tax that is 1.45% of his gross pay; 0.0145\times815.70=11.82 dollars

State tax that is 19% of his federal tax; 0.19\times56=10.64 dollars

Total deductions are = 56+50.57+11.82+10.64=129.03 dollars

Hence, Chuck's gross pay will be reduced by $129.03 and he will get 815.70-129.03 = $686.67

lapo4ka [179]2 years ago
7 0
It will be minus $129.04
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