asked 120k views
0 votes
Your gross pay is $1,843.45. Your involuntary deductions are FICA (7.65%), federal withholding (9%), and state withholding (6.5%). How much are you allowed for housing and fixed expenses?

2 Answers

4 votes

Answer:

510.01

Explanation:

answered
User Claxton
by
8.0k points
5 votes
0.0765+0.09+0.065=0.2315
1,843.45(0.2315)=426.76
1,843.45-426.76=1,416.69

$1,416.69 for housing and expenses
answered
User AJAY PRAKASH
by
8.7k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.