calculate the social security and Medicare deductions for the following employee (assume a tax rate of 6.2% on $128,400 for social security and 1.45% for Medicare)
cumulative earnings before this pay period: $409,100
pay amount this period: $8,800​

Answers

Answer 1

Answer:

Several interpretations:

1. If you're simply looking for the math involved in the employee's portion of the $8,800: 6.2% +1.45% = 7.65%. So 7.65% of $8,800 = $673.20.

2. If you are trying to calculate total FICA for this pay period, it would be 12.4% + 2.9% since these amounts are split between the employer and employee (15.3% = $1,346.40).

3. If you are trying to calculate the total for this pay period given that their YTD earnings are $417,900 (lucky employee!), they do not owe anything (see explanation below).

Step-by-step explanation:

The OASDI program limits the amount of earnings that are subject to taxation in a given year. For 2022, the contribution and benefit base, otherwise known as the taxable maximum, is $147,000. The taxable max for 2018 was $128,400).

Assuming this employee has exceeded that amount as their current YTD income is $417,900 (409,100 + 8,800), they don't owe anything.

Quick Edit:

My apologies! An additional 0.9% Medicare tax is added for taxable income exceeding $200,000 depending on their filing status. Table is available at https://fitsmallbusiness.com/


Related Questions

What is the difference between 8x^3-2x^2+5x-7 and 5x^3-3x^2-2x+4?

Answers

Answer:

B. 3x³ - 5x² + 3x - 3

Step-by-step explanation:

8x³ - 2x² + 5x - 7 - 5x³ - 3x² - 2x + 4 <== combine like terms

3x³ - 5x² + 3x - 3

Hope this helps!

the ratio of the sides of a certain triangle is 2:7:8 if the longest side of the triangle is 40cm how long are the other two sides​

Answers

The length of the other two sides is 10 and 35 respectively.

What is a ratio?

A ratio is a quantitative relation showing the comparison between two or more numbers. It can also be written in the fractional form where the first part is the numerator and the second part is called the denominator.

From the given information:

The sides of the triangle = 2:7:8The total sides of the triangle = 2+7+8 = 17

We are being told that the longest side is the triangle is equal to 40.

i.e.

[tex]\mathbf{\to\dfrac{8}{17}\times x = 40}[/tex]

[tex]\mathbf{x = 40 \div \dfrac{8}{17}}[/tex]

[tex]\mathbf{x = 40 \times \dfrac{17}{8}}[/tex]

x = 85

Now for the other two sides 2 and 7, their length is as follows.

[tex]\mathbf{\dfrac{2}{17}\times 85 = 10}[/tex]

[tex]\mathbf{\dfrac{7}{17}\times 85 = 35}[/tex]

Therefore, we can conclude that the length of the other two sides is 10 and 35 respectively.

Learn more about ratios here:

https://brainly.com/question/2328454

. Assuming that the pool is 10 ft deep, approximately how many cubic heters of water will this pool hold when filled? (3.3 feet 1 meter)​

Answers

Answer:

The answer is true

Step-by-step explanation:

hope this helps

Will someone please help <3

Answers

Answer:

area of base is 9pi

circumference of base is 6pi

lateral surface 24

surface area is 42

Step-by-step explanation:

5
Type the correct answer in the box. Use numerals instead of words.
New York City has a population of approximately 8.8 million people with a population density of approximately 29,300 people per square mi
What is the approximate area of New York City to the nearest square mile?
The area of New York City is approximately
square miles.

Answers

Answer:

300

Step-by-step explanation:

write 156/51 as a mixed number in simplest terms

A) 3 1/17
B) 3 3/51
C) 3 2/51
D) 3 1/27

Answers

Answer:

B option is the answer, hope this helps!!

B is the correct answer

Find csc theta if sin theta = 4/5

Answers

Answer:

5/4

Step-by-step explanation:

csc theta is essentially 1/sintheta

so you can say that csc theta is 5/4.

another way to do this is to draw the right triangle and find the values of all the sides. this way you'll be able to find all the trig values of the triangle.

post a comment if you want any further guidance or help.

Questione Simplify Cosa + 2Cos(a +240")​

Answers

Step-by-step explanation:

[tex] \cos(a) + 2 \cos(a + 240) [/tex]

[tex] \cos(a) + 2 \cos(a) \cos(240) - \sin(a) \sin(240) [/tex]

[tex] \cos(a) + 2( - \frac{ \cos(a) }{2} + \frac{ \sqrt{3} }{2} \sin(a) )[/tex]

[tex] \cos(a) - \cos(a) + \sqrt{3} \sin(a) [/tex]

[tex] \sqrt{3} \sin(a) [/tex]

If you graph the new identity, and the og identiy, they will be conciding graphs, so they are the same identity.

A restaurant has a soup-and-salad lunch with the choices listed in the table below. A soup and a salad are selected at random.

What is the probability that tomato soup and a garden salad are selected?


A 1/6


B 1/5


C 1/3


D 5/6

Answers

Answer:

I think it is B) 1/5, but I am not sure.

What is an externality

Answers

Answer:

Externalities refer to situations when the effect of production or consumption of goods and services imposes costs or benefits on others that are not reflected in the prices charged for the goods and services being provided.

the picture below is an example of what it looks like

WHAT EXTERNALITY IS : externality is a economic cost or sometimes a benefit that is the´´by product´´ of the economic activity. the activity that is allacated outside of the system. the resources are likely to be misallocated when there is a externality.

the fact of existing outside the perceiving subject.

A cable company charges $130 for digital cable and internet service. It charges $160 for digital cable, Internet service, and three premium movie channels. What part of the $160 charge for the second package is due to the three movie channels?

Answers

Answer:

$30

Step-by-step explanation:

Since the $130 has everything except the 3 premium movies, i subtracted 160 with 130 to get $30.

A basketball player averaged 20 points a game over the course of six games. His
scores in five of those games were 23, 18, 16, 24, and 27. How many points did he score in the sixth game?

Answers

Hello There!!

Given,

Average Points= 20

No. of games = 6

Total points= 20×6=120

So, Sum of Score of five games= 23+18+16+24+27= 108

Therefore, Score in 6th game= 120-108= 12

Hope this helps

[tex]\sf\large \green{\underbrace{\red{Answer⋆}}}:[/tex]

To find :-

The sixth score of the game

Given :-

All five scores = 23, 18, 16, 24, and 27

The average of all six score = 20

Solution :-

We will use the average formula to find the sixth score.

[tex]average = \frac{total \: of \: all \: scores}{number \: of \: scores} [/tex]

And let the sixth score be x.

[tex]20 = \frac{23 + 18 + 16 + 24 + 27 + x}{6} [/tex]

Now we will cross multiply, the 6 which on L.H.S will come to R.H.S and multiply with 20.

[tex]20 \times 6 = 23 + 18 + 16 + 24 + 27 + x \\ 120 = 108 + x \\ 120 - 108 = x \\ 12 = x[/tex]

Result :-

The sixth score by the baseball player is 12.

In which data set is the mean greater than the median?

Answers

According to the skewness of each data-set, the first histogram has a mean greater than the median.

What is the relation between mean, median and skewness?

If the mean is greater than the median, the data is positively(right) skewedIf the mean is less than the median, the data is negatively(left) skewed

In this problem, for the mean greater than the median, we want a right-skewed data, which is given by the first histogram.

More can be learned about a data-set skewness at https://brainly.com/question/1446134

Answer:

B

Step-by-step explanation:

took test

Evaluate the following integral or state that it diverges.

*integral 0 to 1 (ln x)do

Answers

Answer:

-1

Step-by-step explanation:

so firstly we solve by integrating by parts.

lnX × X - the integral of x/x

so the integral is Xln(X) - X

so the value should converge at -1

What is your filed called when you open it in Photoshop?
A. PDF
B. MP3
C. JPEG
D. Doc

Answers

Answer:

B. MP3 idek if its right im just doing the 5 step thing

I agree with this person the answer is B because it’s right

6x + y=4x+ 11y, write a formula for h(x) in terms of x

Answers

Answer:

[tex]h(x)=\frac{1}{5}x[/tex]

Step-by-step explanation:

To write a formula for a function, such as h(x), you need to solve for y.

[tex]6x+y=4x+11y[/tex]
[tex]-4x[/tex]      [tex]-4x[/tex]
[tex]2x+y=11y[/tex]
    [tex]-y[/tex]       [tex]-y[/tex]
[tex]2x=10y[/tex]
[tex]/10[/tex]   [tex]/10[/tex]
[tex]\frac{2}{10}x=y[/tex]
[tex]y=\frac{1}{5}x[/tex]

y and h(x) mean the same thing, so you can subsitute h(x) for y in order to fit the question.

Therefore, [tex]h(x)=\frac{1}{5}x[/tex]

how do i simplify this: (8 2/3)^4

Answers

Answer:
5641 55/81

Step-by-step explanation:

you can simplify the equation by removing the parenthesis.
this means that you also have to solve the ^4 part.
this would be
5641 55/81

I know that this is a large number but that is what happens when you do ^4.

Equivalent ratio for 3:7 is

Answers

given:

3 : 7

to find:

equivalent ratios for 3 : 7.

solution:

6 : 14

9 : 21

12 : 28

15 : 35

18 : 42

( to find equivalent ratios just multiply or divide both the sides by the same number. )

Answer:

The answer is 6:14, 9:21,  12:28, 15: 35, and 18:42

Step-by-step explanation:

What you need to do is take the ratio and you can turn it into a fraction!so take 3:7 and turn it into 3/7now from there you just need to multiply the numerator and the denominator by the same number and it will always equal the ratio of 3:7

EXAMPLE-- 3/7 and multiply the numerator and denominator by 5 to get 15:35 THIS IS TRUE

I NEED HELP ASAP, I NEED BOTH QUESTIONS ANSWERED THIS IS WORTH 50 POINTS SO PLS HELP ASAP~~

Answers

that’s a lot of points ok gimme a second i’ll write the answer in the comments when I’m done

CAN SOMEBODY SOLVE THIS EQUATION

Answers

Answer:

The tank starts with 32300 gallons and is decreasing by -16.15 gallons per minute

The graph shows two lines, A and
How many solutions are there for the pair of equations for lines A and B? Explain your answer. (5 points)

Answers

Answer:

there muse be at least 2 solution because we need it to draw lines at exact direction

Answer:

1 solution

Step-by-step explanation:

A solution to a system of lines in a graph is their intersection point. On the graph shown, there is only 1 point at which the lines intersect, therefore, 1 solution.

10) Complete the net worth statement by determining the total assets and total liabilities. What is the net worth? A) $178,000 B) $180,338 C) $1,052,662 D) $1,233,000

Answers

Answer:

C) $1,052,662

Step-by-step explanation:

Sorry the answer was late and also this is the right answer because i did the test

Which of the following tables represent linear relationships?

Answers

Answer:

Table 2 and 3

Step-by-step explanation:

A linear relationship should show a straight line, showing that it's linear.

*View the attached graphs*

Hope this helps!

A fruit company guarantees that 94​% of the pineapples it ships will ripen within four days of delivery. Find the probability that at least 10 pineapples in a case of 12 are ripe within four days.

Answers

The probability that at least 10 pineapples in a case of 12 are ripe within four days as described in the task content is; 0.783

Probability of Percentage

From the task content;

It follows that 94% of the pineapples shipped will ripen within four days of delivery.

On this note, the probability for ripening of each apple is; 0.94.

Ultimately, the probability that at least 10 pineapples in a case of 12 are ripe within four days is therefore; 0.94 × 10/12 = 0.783.

Read more on probability;

https://brainly.com/question/18916756

5:8:12 of 1,220,000

organize in least to greatest
1.
2.
3.

Answers

Answer:

244,000390,400585,600

Step-by-step explanation:

The total number of parts is 5+8+12 = 25, so the fractions are ...

  5/25 × 1,220,000 = 244,000

  8/25 × 1,220,000 = 390,400

  12/25 × 1,220,000 = 585,600

Least to greatest, the parts are ...

244,000390,400585,600

10 men can do the work in 8 days. how many men should be reduced to finish the work in 10 days​

Answers

If Reducing 2 men will bbe enough too finish the work in 10 days

For rate of work use the formualar

rate of work = quantity of work / duration

10 men can do the work at a rate of  =  1 / 8

x men can do same work at a rate of = 1 / 10

x * ( 1 / 8 ) = 10 * ( 1 / 10 )

x = 1 * 8 = 8

therefore 8 men can do the work in 10 days

number of men reduced = 10 men - 8 men = 2 men

Hope it helped

PLEASE HELP PLEASE HELP

Answers

Answer:

Option D - Line P

Step-by-step explanation:

Look at the coordinates in the (x, y) column of Max's table and see which line has the same points.

Please help!!!
(07.02)
What is the value of y in the equation 3y - 8 = 22?
07.3
8
O 10
O 14

Answers

It’s 10 as 22+ 8= 30 and 30/3 = 10

Answer:

The answer is 10 dude.

Step-by-step explanation:

You add 8 on both sides to get 3y by itself then divide 3 on both sides and that's it. If you really need to isolate a variable go on a website called microsoft math solver.

The diagram shows the shape of a schools auditorium stage. What is the area of the stage?
Do number 5

Answers

Answer:

100 square feet (100 ft²)

Step-by-step explanation:

Formula

Area (trapezoid) = 1/2 x sum of parallel sides x heightArea (parallelogram) = base x height

Area of stage

Area (trapezoid) + Area (parallelogram)1/2 x (8 + 12) x 4 + 4 x 152 x 20 + 6040 + 60100 square feet

Area of trapezoid:-

1/2(Sum of parallel sides×Height)1/2(8+12)×42(20)40ft²

Area of parallelogram

BH15(4)60ft²

Total:-

60+40=100ft²

From a club of 20 people, in how many ways can a group of three members be selected to attend a conference?​

Answers

Answer:    1140

=============================================================

Reason:

There are 20 ways to pick the first person, 19 for the next, and 18 for the last. We count down by one each time we fill up a slot since we cannot reselect any person more than once.

If order mattered, then we'd have 20*19*18 = 6840 permutations.

However, order does not matter because no member has a special seat or role. The individual members don't matter and instead it's all about the group.

Notice that for any group of 3 people, there are 3*2*1 = 6 ways to arrange such individuals. We have to divide by 6 to go from 6840 permutations to 6840/6 = 1140 combinations.

-------------------------

Here's a more formulaic approach using the nCr combination formula.

Plug in n = 20 and r = 3

[tex]n C r = \frac{n!}{r!(n-r)!}\\\\20 C 3 = \frac{20!}{3!*(20-3)!}\\\\20 C 3 = \frac{20!}{3!*17!}\\\\20 C 3 = \frac{20*19*18*17!}{3!*17!}\\\\ 20 C 3 = \frac{20*19*18}{3!}\\\\ 20 C 3 = \frac{20*19*18}{3*2*1}\\\\ 20 C 3 = \frac{6840}{6}\\\\ 20 C 3 = 1140\\\\[/tex]

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