Msinger
Jul 9, 2010, 03:46 PM
Employee earnings records for Medenciy company reveal the following gross earnings for 4 employees the pay period December 15. C.Ogle $93,500, Delagado $96,100, Ljeter $97k600, T.Spivey $104,000. For the pay period ending December 31, each employee's gross earnings is $4000. The FICA tax rate is 8% on gross earnings of $100,000.
Instructions
Computer the FICA withholdings that should be made for each employee for the December 31 pay period.
Instructions
Computer the FICA withholdings that should be made for each employee for the December 31 pay period.