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Business, 06.08.2019 18:20 166386

Portia grant is an employee who is paid monthly. for the month of january of the current year, she earned a total of 8,738. the fica tax for social security is 6.2% of the first $128,400 of employee earnings each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the futa tax rate of 0.6% and the suta tax rate of 5.4% are applied to the first $7,000 of an employee's pay. the amount of federal income tax withheld from her earnings was $1,449.87. her net pay for the month is:

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