Question

Tiffany Brown has a yearly wage of $45,678. Determine the following in her W2. (note
you will only have to fill out numerical values on the W2):
a. Medicare tax 1.45%
b. Federal income tax withholding of 6.7%
c. Social security tax withholding of 11.2%
d. Total withholding
e. Social security tips 0
f. Allocated tips 0
g. Dependent care benefits 0
h. State tax 7.2%
i. None qualified plan 0
j. Other 0

Answer 1

1. Medicare Tax 1.45%

That is 45,678*0.0145

=662.33

2. Federal Income Tax With held 6.7 %

= 45,678*0.067

=3060.43

      c) Social security Taxes 11.2%

             =45678*0.112

              =5115.94

       d)Total withholding :Not including state tax

662.33+3060.43+5115.94

           =8838.70

       e)0

        f)0

g)0

H)State tax 7.2%

=45,678*0.072

=3288.82

I)0

j)0