The gross income of Ginger Hughes is $215 per week. Her deductions are: $15.16, FICA tax; $29.33, income tax; 2% state tax; 1% city tax; and 3% retirement fund. What is her net income?
a. $170.51
b. $202.10
c. $157.61
d. $57.39
answer is c) $157.61 Gross Income - $215 Deductions- $15.16 FICA Tax- $29.33 State Tax- $215 x 0.02 (2%) City Tax- $215 x 0.01 (1%) Retirement Fund- $215 x 0.03 (3%) -------------------------------------------------- Total- $57.39 Gross Income - $215 - $57.39 = $157.61
