1. Edward Dorsey is a part-time employee, and during the biweekly pay period, he earned...
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Accounting
1. Edward Dorsey is a part-time employee, and during the biweekly pay period, he earned $595. In addition, he is being paid a bonus of $400 along with his regular pay. If Dorsey is single, how much would be deducted from his pay for FIT? (There are two ways to determine his deduction - do not use the table for percentage method.) 2. Mary Matthews made $1,170 in a biweekly pay period. Only social security (fully taxable) and federal income taxes attach to her pay. Matthews contributes $100 each biweekly pay to her company's 401 (k) plan. Determine Matthews' take home pay if she is married filing jointly (use wage bracket method)
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