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If you have 13% withheld for federal taxes, 9% for state taxes, and FICA is 7.65%, how much are your involuntary withholdings in all if your gross pay was $2,785.00 and your net income was $1,794.23? A. $990.77 B. $1,959.25 C. $825.75 D. $531.99
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Hello there. We must multiply the given tax rates to the gross pay 2,785 x 13% federal taxes = 362.05 2,785 x 9% state tax = 250.65 2,785 x 7.65% FICA = 2.13.05 Finally, this gives us 825.75
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