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.

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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:

 

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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 My Nursing Writer.

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