The following employees of CIBA Ironworks in Bristol, Ilinois, are paid in different frequencies. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay using the percentage method in Aprendix C (or the IRS federal income tax assistant or IRS Publication 15-T). Include Illinols income tax of 4.95 percent of taxable pay. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. There is no information for Step 4 and all W-4s were received in 2020. No box was checked in Step 2. (Round your Intermediate calculations and final answers to 2 decimal places.) Filing Status, Dependents Union Dues per Perlod 780 Garnishment per Period Net Pay Frequency Pay Employee 50 Weekly Semi-monthly Monthly Biweekly MJ-0 C. Whaley F. Paguaga K. Harvey L. Bolling $ 2,940 $ 7,450 S 2,640 120 MJ-2 (<17) S-1 (Other) 240 $ 75 100 MJ-0

The following employees of CIBA Ironworks in Bristol, Ilinois, are paid in different frequencies. Some employees have union dues or garnishments deducted from their pay. Required: Calculate their net pay using the percentage method in Aprendix C (or the IRS federal income tax assistant or IRS Publication 15-T). Include Illinols income tax of 4.95 percent of taxable pay. No employee has exceeded the maximum FICA limits. You do not need to complete the number of hours. There is no information for Step 4 and all W-4s were received in 2020. No box was checked in Step 2. (Round your Intermediate calculations and final answers to 2 decimal places.) Filing Status, Dependents Union Dues per Perlod 780 Garnishment per Period Net Pay Frequency Pay Employee 50 Weekly Semi-monthly Monthly Biweekly MJ-0 C. Whaley F. Paguaga K. Harvey L. Bolling $ 2,940 $ 7,450 S 2,640 120 MJ-2 (<17) S-1 (Other) 240 $ 75 100 MJ-0

College Accounting (Book Only): A Career Approach

13th Edition

ISBN:9781337280570

Author:Scott, Cathy J.

Publisher:Scott, Cathy J.

Chapter7: Employee Earnings And Deductions

Section: Chapter Questions

Problem 7E

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Similar questions

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