3. Nathan Upton earns $11.80/hour, and worked 42 hours during the most recent week. He does not make any voluntary deductions each period. Nathan Upton is married, and claims three withholding allowances for both federal and state. His year-to-date taxable earnings for Social Security tax, prior to the current pay period, are $137,220, and he is paid with check #0502.

SWFT Individual Income Taxes
43rd Edition
ISBN:9780357391365
Author:YOUNG
Publisher:YOUNG
Chapter13: Tax Credits And Payment Procedures
Section: Chapter Questions
Problem 38P
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I need help getting the answers to the Social Security, Medicare, Vol Withholding and the Net Pay for #3!!!
Payroll Register
Pay Period
09/06/2020
Pay Date
09/12/2020
Earnings
Deductions
Employee
Regular Regular
Regular
Overtime
Overtime
Overtime
Total
Vol. With.
Net Pay
FWT
SWT
Social
Medicare
Check
Name
Hours
Rate
Earnings
Hours
Rate
Earnings
Earnings
Security
Number
Williams, L
40
$7.50
$300.00
4
$11.25
$45.00
$345.00
$15.00
$14.84
%24
$
24
$
Olsen, J
40
$9.10
$364.00
$13.65
$95.55
$459,55
$12.00
$17.98
$
$
24
24
Upton, N
40
$11.80
$472.00
2
$17.70
$35.40
$507.40
$3.00
$25.37
$
$
24
Rodriguez, J 40
$14.00
$560.00
8.
$21.00
$168.00
$728.00
$53.00
$31.67
2$
24
2$
24
Painter, D
40
$16.60
$664.00
11
$24.90
$273.90
$937.90
$25.00
$44.40
%24
2$
2$
%24
$
$
%24
24
%2$
2$
$
$
2$
%24
$
$
$
$
$
$
$
Totals:
$2,360.00
$617.85
$2,977.85 $108.00
$134.26 $
24
$
Transcribed Image Text:Payroll Register Pay Period 09/06/2020 Pay Date 09/12/2020 Earnings Deductions Employee Regular Regular Regular Overtime Overtime Overtime Total Vol. With. Net Pay FWT SWT Social Medicare Check Name Hours Rate Earnings Hours Rate Earnings Earnings Security Number Williams, L 40 $7.50 $300.00 4 $11.25 $45.00 $345.00 $15.00 $14.84 %24 $ 24 $ Olsen, J 40 $9.10 $364.00 $13.65 $95.55 $459,55 $12.00 $17.98 $ $ 24 24 Upton, N 40 $11.80 $472.00 2 $17.70 $35.40 $507.40 $3.00 $25.37 $ $ 24 Rodriguez, J 40 $14.00 $560.00 8. $21.00 $168.00 $728.00 $53.00 $31.67 2$ 24 2$ 24 Painter, D 40 $16.60 $664.00 11 $24.90 $273.90 $937.90 $25.00 $44.40 %24 2$ 2$ %24 $ $ %24 24 %2$ 2$ $ $ 2$ %24 $ $ $ $ $ $ $ Totals: $2,360.00 $617.85 $2,977.85 $108.00 $134.26 $ 24 $
Complete the remaining columns of the payroll register for the five employees whose information was provided in PSa 2-4, PSa 2-12, and PSa 3-8. All employees work in a state that does not require the
withholding of disability insurance, and none of the employees files a tax return under married filing separately status. Additional information for each employee is provided below:
3. Nathan Upton earns $11.80/hour, and worked 42 hours during the most recent week. He does not make any voluntary deductions each period. Nathan Upton is married, and claims three withholding
allowances for both federal and state. His year-to-date taxable earnings for Social Security tax, prior to the current pay period, are $137,220, and he is paid with check #0502.
Notes:
• For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
Transcribed Image Text:Complete the remaining columns of the payroll register for the five employees whose information was provided in PSa 2-4, PSa 2-12, and PSa 3-8. All employees work in a state that does not require the withholding of disability insurance, and none of the employees files a tax return under married filing separately status. Additional information for each employee is provided below: 3. Nathan Upton earns $11.80/hour, and worked 42 hours during the most recent week. He does not make any voluntary deductions each period. Nathan Upton is married, and claims three withholding allowances for both federal and state. His year-to-date taxable earnings for Social Security tax, prior to the current pay period, are $137,220, and he is paid with check #0502. Notes: • For simplicity, all calculations throughout this exercise, both intermediate and final, should be rounded to two decimal places at each calculation.
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