Chuck has a gross pay of $815.70. By how much will Chuck's gross pay be reduced if he has the following items withheld
federal tax of $56
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 19% of his federal tax
$73.04
b. $129.04
С. $235.51
d S273.38
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Answer:

b. $129.04

Explanation:

Gross pay refers to salary before taxation. We were given Chuck's salary before tax to be $815.70

Gross pay = $815.70

The following items were withheld:

Federal tax = $56,

Social security tax = 6.2% of gross pay = 0.062 * 815.70 = $50.57

Medicare tax = 1.45% of gross pay = 0.0145 * 815.70 = $11.83

State tax = 19% of Federal tax = 0.19 * 56 = $10.64

To calculate how much of Chuck's salary will be withheld, we have the summation of all the items withheld

Total reduction = $ (56 + 50.57 + 11.83 + 10.64)

Total reduction = $129.04

Hence, $129.04 will be reduced from Chuck's gross pay

Answer:

129.04

Explanation: I just took the test on edge2020