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During 2020, Juan Gonzalez, president of Acme Inc. was paid a semimonthly salary of $6,100. Computer...

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Accounting

During 2020, Juan Gonzalez, president of Acme Inc. was paid asemimonthly salary of $6,100. Computer the amount of FICA taxesthat should be withheld from him.

A. 9th paycheck
B. 22nd paycheck
C. 24th paycheck
D. If Juan's year to date earnings as of his 24th paycheck are$146,400 and his year-end bonus is $100,00, how much is theadditional HI tax withheld?

Answer & Explanation Solved by verified expert
4.0 Ratings (614 Votes)
SEMI MONTHLY SALARY YEARLY SALARY 6100 24 146400 FICA TAX WITH HELD FOR FIRST PAYCHECK WILL BE 6100 765 46665 A 9th paycheck 466659 4194 b 22 nd paycheck    See Answer
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