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Jamal works at the recreation center 15 hours a week during the school year he earns $ 8.75 an hour in a typical month he works 63 hours calculate his monthly Taxes

Monthly Federal Income Tax (10%)
Monthly Social Security (FICA) (6.2%)
Monthly Medicare (1.45%)
Monthly State Tax (4%)
Monthly Local Tax (0.1%)

Total Monthly Deductions

Respuesta :

Mohammed1111
Federal income tax: 55.12
Social security: 34.18
Medicare: 8
State tax: 22.05
Local: 0.55
Total deduction: $119.90
ajeigbeibraheem

The total monthly deductions of Jamal is $119.89

What are monthly taxes?

Monthly taxes are deductions taken on charges deducted on an employee's monthly salary or income.

From the given information:

  • Jamal worked for 63 hours and earns $8.75

The total amount earned = 63 × $8.75

The total amount earned = $551.25

The monthly taxes on the total money earned;

[tex]\mathbf{=\Big(\dfrac{10}{100} +\dfrac{6.2}{100}+\dfrac{1.45}{100} +\dfrac{4}{100}+\dfrac{0.1}{100} \Big) \times 551.25 }[/tex]

[tex]\mathbf{=\$119.89}[/tex]

Learn more about monthly taxes here:

https://brainly.com/question/26255303

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