An employee works 52 hours (52 - 40 were overtime hours) during a workweek in...
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Accounting
An employee works 52 hours (52 - 40 were overtime hours) during a workweek in December of 2021. He earns $11,000/month, with his employer paying 1.5 times the regular rate of pay for overtime hours. To date, he has earned $144,200 during the year. He has requested that his employer withhold 8% of gross pay, which is to be contributed to a 401(k) plan.
Taxable income for federal income tax withholding:
Taxable income for social security tax:
Taxable income for Medicare tax:
This is my work. I don't know what I'm doing wrong
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