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6. fill in the blanks. 1 point | hours worked | 26 | | --- | --- | | gr…

Question

  1. fill in the blanks. 1 point
hours worked26
federal income tax$17.00
state income tax$4.19
social security6.2%
medicare1.45%
net pay????

a. the amount taken out for fica is $ type your answer....
b. this persons net pay is $ type your answer....

Explanation:

Step1: Calculate FICA tax total rate

FICA includes Social Security (6.2%) and Medicare (1.45%).
$6.2\% + 1.45\% = 7.65\%$

Step2: Compute FICA deduction

Multiply gross pay by FICA rate.
$\$279.50 \times 0.0765 = \$21.38175 \approx \$21.38$

Step3: Sum all payroll deductions

Add Federal, State, and FICA taxes.
$\$17.00 + \$4.19 + \$21.38 = \$42.57$

Step4: Calculate net pay

Subtract total deductions from gross pay.
$\$279.50 - \$42.57 = \$236.93$

Answer:

A. $\$21.38$
B. $\$236.93$