Assume that lyn addie is an unmarried employee her 1040 of, Ask an Expert

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Assume that Lyn Addie is an unmarried employee. Her $1,040 of wages are subject to no deductions other than FICA Social Security taxes, FICA Medicare taxes, and federal income taxes. Her federal income taxes for this pay period total $104. Compute her net pay for the eight days' work paid on February 26. FICA tax rates applicable are: 6.2% for Social security and 1.45% Medicare. Round your intermediate calculations and final answer to 2 decimal places.

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9976048

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