Robertos salary is $133,200 in 2019. Roberto is paid on a semimonthly basis, is single,...
90.2K
Verified Solution
Link Copied!
Question
Accounting
Robertos salary is $133,200 in 2019. Roberto is paid on a semimonthly basis, is single, and claims one allowance. Assume that his employer uses the percentage method of withholding. Use withholding allowance and percentage method tables.
Required:
What is Robertos federal tax withholding per pay period?
What is Robertos FICA withholding per pay period before he reaches the social security limit?
For the last pay period in 2019, what is Robertos FICA withholding?
(For all requirements, round your intermediate computations and final answers to 2 decimal places.)
a.Federal tax withholdings $1,009.30
b.FICA withholdings
c.FICA withholdings
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
