Complete the earnings statements. The Social Security tax rate is 6.2 percent of the first $90,000 earned and
the Medicare tax rate is 1.45 percent of all earnings.
2. Lucy Kreb is a bookkeeper. Her state personal exemptions are $84.60 a week. State tax rate is 3.5 percent of
taxable income. Local tax is 1.5 percent of gross pay.
"
DEPT.
25
FIT
$27.00
EMPLOYEE
Kreb, L.
TAX DEDUCTIONS
MED.
SS
STATE
CHECK # WEEK ENDING
3074
LOCAL
3/7/-
GROSS PAY
$405.00
MEDICAL
$9.15
PERSONAL DEDUCTIONS
UNION DUES
NET PAY
$3.00
OTHER
$3.50