Asked by Reysi Mizrahi on Jun 22, 2024

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A weekly payroll register shows that Virginia Peters had total wages of $520. She had deductions of $39.78 for FICA tax, $64.50 for federal income tax, and $17 for medical insurance. Compute Peters' net pay.​

Net Pay

The amount of an employee's earnings after all deductions, such as taxes and retirement contributions, have been removed.

FICA Tax

The Federal Insurance Contributions Act (FICA) tax is a payroll tax in the United States that is required from both employers and employees to support Social Security and Medicare programs.

Federal Income Tax

A tax levied by the federal government on an individual's or corporation's annual income.

  • Compute net pay by deducting taxes and other deductions from gross earnings.
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Sharnae McClennyJun 24, 2024
Final Answer :
$398.72