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PLEASE HELP!!

11. Your gross pay is $2,759.00. Your involuntary deductions are FICA (7.65%), federal withholding (12%), and state withholding (7%). How much are you allowed for housing and fixed expenses? (1 point)

$772.52
$993.24
$728.54
$566.64

User Vysh
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2 Answers

6 votes

Answer:

728.54

Step-by-step explanation: gradpoint 2019



User Kiedysktos
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For the answer to the question above asking how much are you allowed for housing and fixed expenses if your gross pay is $2,759.00. Your involuntary deductions are FICA (7.65%), federal withholding (12%), and state withholding (7%)?

7.65 + 12 + 7 = 26.65%
2759(0.2665) = 735.27 total taxes
2759 - 735.27 = 2023.73 left over for everything else
which makes the closest answer is the third one $728.54
User Serge Shultz
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