Question

You have direct deposit. Your job pays you $8.55/hr and you work 15hr/wk. your deductions are FICA(7.65%), federal tax withholding(10.4%), and state tax withholding(7.7%). How much is deposited bi-weekly?

Answer 1

hold on babe

Answer 2

Okay, thank you?

Answer 3

106.11

Answer 4

by week

Answer 5

would you like me to explain ?

Answer 6

How did you get that? I'm supposed to be looking for it bi-weekly?

Answer 7

8.55x15 that your work a week

Answer 8

equals 128.25 befroe taxes

Answer 9

128.25-7.65 percent on fica taxes =118.43

Answer 10

118.43-10.4% from federal taxes ends up being 106.11 final answer thats how much your bringing home weekly buddy :)

Answer 11

its simple math

Answer 12

I have a question though, aren't you supposed to do FICA like (For example, not in this equation.) Y multiplied by 1 divided by 12? Along with the other taxes, as well.

Answer 13

This is where I get caught up, whether I'm supposed to do that or not.

Answer 14

(Quick brb, dog wants out. Thank you for your help.)

Answer 15

your welcome sweetie

Answer 16

Okay, would you mind answering that question?