PR 11 wage and tax statement data and employer FICA tax Jocame Inc. began business on
January 2, 2013. Salaries were paid to e the last day of each month, and social security tax,
Medicare tax, and ployees tax were withheld in the required amounts. employee is hired in ine of
the month receives half the monthly salary that month. All mi tax reports were filed, and the
correct amount of payroll taxes was remitted by
Solution
Ans
Ans 2
Workings
Employee
Gross
Earnings
Federal Income Tax
Withheld
Social Security Tax
Withheld 6%
Medicare Tax
Withheld 1.5%
Addai 44,880.00 9,372.00 2,692.80 673.20
Kasay 25,200.00 3,731.00 1,512.00 378.00
McGahee 67,410.00 12,999.00 4,044.60 1,011.15
Moss 55,200.00 9,396.00 3,312.00 828.00
Stewart 4,500.00 758.00 270.00 67.50
Tolbert 4,875.00 669.00 292.50 73.13
Wells 84,000.00 18,872.00 5,040.00 1,260.00