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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 below.

Gross Monthly Income $ _____
______

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 $ _____
______





Jamal's NMI= $ _____
______

Jamal works at the recreation center 15 hours a week during the school year. He earns-example-1
User Tecla
by
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1 Answer

7 votes

Answer:

:)

Explanation:

Since his wage is 8.75*63=551.25, we can add up the percentages to get 10+6.2+1.45+4+0.1=21.75%. To get 21.75%, we can move the decimal 2 to the left to get 0.2175. Multiply that by 551.25 to get around 119.9 dollars. If you'd like to calculate the individual taxes, you can apply a similar process to figure that out

User Kimble
by
8.3k points
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