Final answer:
Samantha's taxable income is calculated by subtracting her 401(k) deduction of $102.50 (10% of $1,025) and her health insurance cost of $100 from her gross wages of $1,025, making her taxable income $822.50 for that pay period.
Step-by-step explanation:
To calculate Samantha's taxable income, we need to start with her gross wages and then subtract any deductions she has. Her gross wages are $1,025. She has two deductions: a 401(k) contribution and health insurance.
First, we calculate the 401(k) deduction, which is 10% of her gross wages. So, 10% of $1,025 equals $102.50.
Next, we subtract the health insurance cost, which is $100 per pay period.
Therefore, Samantha's taxable income would be calculated as follows:
- Gross Wages: $1,025
- 401(k) Deduction: $102.50 (10% of $1,025)
- Health Insurance: $100
Taxable Income = Gross Wages - 401(k) Deduction - Health Insurance
Taxable Income = $1,025 - $102.50 - $100
Taxable Income = $822.50
Thus, based on the provided information, Samantha's taxable income for a pay period would be $822.50.