Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 31 May 2017 My Price 9.00

Ken Gorman is a maitre d' at Carmel Dinner Club

Ken Gorman is a maitre d' at Carmel Dinner Club. On February 7, his gross pay was $800 (three days working, one paid vacation day, and one paid sick day). He also reported to his employer tips of $900 for the previous month (applicable taxes to be deducted out of his pay). Gorman belongs to the company's 401k plan and has 5% of his gross pay ($800) deducted each week (salary reduction). Carmel Dinner Club also provides matching contribution ($40) into the plan for Gorman. Calculate deduction for OASDI (based on 2013 6.2%) Calculate deduction for HI (based on 1.45%)

a) deduction for OASDI Tax

b) deduction for HI tax

Answers

Maurice Tutor
(5)
Status NEW Posted 31 May 2017 10:05 PM My Price 9.00

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