Question

he gross income of Maurice Vaughn is $785 per week. His deductions are $42.25, FICA tax; $90.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is his net income for one week? A. $605.32 B. $675.32 C. $628.77 D. $749.77

Answer 1

A. $605.32

Explanation:

The state tax, city tax, and retirement fund add to 6% of Vaughn's wages, or ...

... $785 · 6% = $47.10

Then after subtracting all the deductions, Vaughn's take-home pay is ...

... $785 -42.25 -90.33 -47.10 = $605.32 . . . . matches A