You make $52,800 per year as a salaried employee who is paid semi-monthly. Taxes are federal (15%), FICA (7.65%), and state (3%). You also have $50 per paycheck withheld for health care. What will your realized income be on your next paycheck?

Respuesta :

Answer:

I believe it is $1,693

if you want the link to how i got my answer let me know

Answer:

$1,585.70

Step-by-step explanation:

Salary per paycheck: $52,800 ÷ 24 = $2,200

Federal income tax: $2,200 × 15% = $330

FICA taxes: $2,200 × 7.65% = $168.30

State income tax: $2,200 × 3% = $66

Health care deduction: $50.00

Realized income per paycheck:

$2,200 – 330 – 168.30 – 66 – 50 = $1,585.70