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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

Verified Answer :

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:

His gross pay would be reduced $174.66.

Step-by-step 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

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