acct

Kr3wlove
Phil Phoenix is paid monthly. For the month of January of the current year, he earned a total of $9,238. The FICA tax rate 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 $1,532.87. What is the total amount of taxes withheld from the Phoenix's earnings? (Round your intermediate calculations and final answer to two decimal places.)
    • 13 years ago
    • 3
    Answer(1)

    Purchase the answer to view it

    NOT RATED
      other Questions(10)