Example 2 Examine Lorna's biweekly pay stub. Assuming that Lorna's salary and
deductions remain the same throughout the calendar year, how
much will be taken out of her total annual gross salary for federal
and state taxes?
AMOUNT
$4,596.39
$32,174,73
EARNINGS
PERIOD
3/15: 328
DEDUCTIONS
TAX TYPE
Social Security
Medicare
Federal Tax
State Tax
ADJUSTMENTS
ITEM
AMOUNT
S280.79
$65.67
$1.001.47
$280.89
YTD AMOUNT
$1,999,63
$467.67
$7,067.89
$1,977 50
Union Dues
Family Health Ins.
Retirement
AMOUNT
$61.00
$67.55
$50.00
YTD AMOUNT
$427.00
$472.85
$350.00