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Mary makes $14,500 a month (gross). She is married and claims 5 exemptions. Her stateincome tax with holding is 5%.

a) What is Mary’s netpay for January? (After ALLtaxes and withholdings...don’t forget SS, Med., FIT...)Show each tax/withholding amount.

b) What is Mary’s net pay for September?

c) What is Mary’stotal taxes paid/withheld at year-end? (Specify amounts for eachtax.)

Financial Management, Finance

  • Category:- Financial Management
  • Reference No.:- M92753819

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