During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $8,300. Compute the amount of FICA taxes that should be withheld. from her. If an amount is zero, enter "0". a. 9th paycheck b. 18th paycheck c. 23th paycheck d. If Lopez's year-to-date earnings as of her 24th paycheck are $199,200, and her year-end bonus is $100,000, how much is the additional 0.9% HI tax on all total earnings? OASDI 514.60 ✓ 0 ✓ $ HI 120.35 ✓ 120.35 120.35 ✓

PAYROLL ACCT.,2019 ED.(LL)-TEXT
19th Edition
ISBN:9781337619783
Author:BIEG
Publisher:BIEG
Chapter3: Social Security Taxes
Section: Chapter Questions
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During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $8,300. Compute the amount of FICA taxes that should be withheld
from her. If an amount is zero, enter "0".
a. 9th paycheck
b. 18th paycheck
c. 23th paycheck
d. If Lopez's year-to-date earnings as of her 24th paycheck
are $199,200, and her year-end bonus is $100,000, how much is
the additional 0.9% HI tax on all total earnings?
OASDI
514.60
0 ✓
HI
120.35
120.35
120.35
Transcribed Image Text:During 20--, Rachael Lopez, president of Mathieson Company, was paid a semimonthly salary of $8,300. Compute the amount of FICA taxes that should be withheld from her. If an amount is zero, enter "0". a. 9th paycheck b. 18th paycheck c. 23th paycheck d. If Lopez's year-to-date earnings as of her 24th paycheck are $199,200, and her year-end bonus is $100,000, how much is the additional 0.9% HI tax on all total earnings? OASDI 514.60 0 ✓ HI 120.35 120.35 120.35
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