Ask your own question, for FREE!
Mathematics 15 Online
OpenStudy (anonymous):

A high school student working part-time as a cook has a gross income of $7650 last year. If his federal tax rate was 10% and his state tax rate was 5.3%, what was the amount withheld from his pay last year in federal tax, state tax, and FICA combined?

OpenStudy (anonymous):

FICA as 6.2% So the total amount in taxes last year was: (Gross*Fed)+(gross*State)+(Gross*FICA) = (7650*.1)+(7650*.053)+(7650*.062) = $1644.75 total withheld last year

OpenStudy (anonymous):

thank you

OpenStudy (anonymous):

Your welcome(:

Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!
Can't find your answer? Make a FREE account and ask your own questions, OR help others and earn volunteer hours!

Join our real-time social learning platform and learn together with your friends!