Chuck has a gross pay of $815.70. By how much will Chuck’s gross pay be reduced if he has the following items withheld?
federal tax of $56
Social Security tax that is 6.2% of his gross pay
Medicare tax that is 1.45% of his gross pay
state tax that is 19% of his federal tax
a.
$73.04
b.
$129.04
c.
$235.51
d.
$273.38

Respuesta :

Answer:

$129.04

Step-by-step explanation:

Gross pay:  $815.70

The following will be deducted as

 (0.062 · $815.70 + 0.0145 · $815.70 + 0.19 · $56  +  $56,  or:

         $50.57         +         11. 83            +     $10.64 + $56, or

$129.04

His pay will be reduced by $129.04.

Next time, please share ALL of the possible answer choices.  Thx.

The amount that Chuck's gross pay will reduce by as a result of the items withheld is d. 273.38

The items withheld from Chuck's pay are:

= Federal tax + Social security tax + Medicare tax + State tax

Solving gives:

= 56 + (6.2% x 815.70) + (1.45% x 815.70) + (19% x 815.70)

= 56 + 50.57 + 11.83 + 154.98

= $273.38

In conclusion, the total reduction will be $273.38

Find out more about items withheld at https://brainly.com/question/5244878.