Asked by Janell Kallander on Jun 09, 2024

verifed

Verified

A monthly payroll register shows that Sean Dougan had total wages of $3,580. He had deductions of $273.87 for FICA tax, $335.50 for federal income tax, and $25 for medical insurance. Compute Dougan's net pay for the month.​

Net Pay

The amount of money an employee takes home after deductions like taxes and retirement contributions have been subtracted.

FICA Tax

A mandatory tax used to fund the United States Social Security and Medicare programs, deducted from the wages of employees.

Federal Income Tax

A tax levied by the federal government on the annual earnings of individuals, corporations, trusts, and other legal entities.

  • Figure out the net pay after reducing gross earnings by taxes and various other withholdings.
verifed

Verified Answer

MG
Mingzhen GaoyangJun 11, 2024
Final Answer :
$2,945.63