Answered>Order 1293

Sean Matthew is a waiter at the Deluxe Lounge.  In his first weekly pay in March, he earned $300.00 for 40 hourshe worked.  In addition, he reports his tips for February to his employer ($500.00), and the employer witholds theappropriate taxes for the tips from this first pay in March.  Calculate his net take-home pay assuming the employer withheld federal income tax (wage-bracket, married, 2 allowances), social security taxes, and stateincome tax (2%).

Sean Matthews 

Gross pay  $800

Federal income tax  ?

Social security taxes   ?

Medicare taxes  ?

State income tax (2%)  ?

Net pay    ?

 
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