Question

Marquis has a gross pay of $816. By how much will his gross pay be reduced if Marquis has the following items withheld?

federal tax of $92
Social Security tax that is 6.2% of his gross pay
Medicare tax that is 1.45% of his gross pay
state tax that is 22% of his federal tax

Answer 1

Just add all of the withholdings up..

1) $92

2) 6.2% of his gross pay, convert to a decimal, .062 times that by his gross pay to get what is withheld there, .062(816)=?

3) again convert 1.45% to a decimal, .0145(816)=?

4) 22% of federal tax...convert to decimal .22(92)=?

Once you get those just add them all up


I hope my solution has come to your help. Have a nice day ahead and may God bless you always!

Answer 2

His gross pay would be reduced $174.66.

Explanation:

Gross pay of Marquis = $816

His withholding are :

Federal tax = $92.00

Social security tax = 6.2% of $816

= 0.062 × 816

= $50.592

Medicare tax = 1.45% × 816

= 0.0145 × 816

= $11.832

State tax = 22% × 92

= 0.22 × 92

= $20.24

Total withholding = 92 + 50.59 + 11.83 + 20.24

= $174.66

His net pay = $816 - $174.66 = $641.34

His gross pay would be reduced $174.66