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1.) What was Jennifer's gross pay for the year?
2) How much did she pay in state income tax?
3.) How much did she pay in federal income tax?
4) The amount in Box 4 is incorrect. What dollar amount should have been entered in Box 4? (Hint: The
current tax rate for social security is 6.2% of the employee's income)
5 ) The amount in Box 6 is incorrect. What dollar amount should have been entered in Box 6? (Hint: The
current tax rate for Medicare is 1.45% of the employee's income.)
6.) How much was Jennifer's FICA tax?

1 What Was Jennifers Gross Pay For The Year 2 How Much Did She Pay In State Income Tax 3 How Much Did She Pay In Federal Income Tax 4 The Amount In Box 4 Is Inc class=

Sagot :

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1) Jennifer's Gross pay for the year is $34, 854.00

2) She paid the following as Income Tax: $1,762.39

3) Her Federal Income Tax was: $4,182.48

4) The correct Social Security Tax (box 4) is: $ 2,160.95

5) The correct Medicare deduction (box 6) is: $ 505.38

6) Jennifer's FICA Tax is given as (Social Security Tax + Medicare Tax). This is equal to $ 2,160.95  + $ 505.38

FICA = $ 2,666.33

Payroll Deductions

It is to be noted that all the taxes stated above are the various Payroll deductions to which an employee's Gross Pay is statutorily subjected.

After all, deductions have been made, the balance is called Net Pay.

Please see the link below for more about Payroll Deductions:
https://brainly.com/question/15858747

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