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1. Calculate the child support for a noncustodial parent earning $7.25 per hour with

two children. (Federal income tax - $42.00, S.S. - 6.2%, Medicare - 1.45%)

1 Answer

4 votes

Answer:

Multiply the hourly wage by 40; then multiply by 52; then divide by 12 to get gross monthly income. $__7.25___ X 40 = $__290___ $___290__ X 52 = $___15080_ $__15080__ รท 12 = $___1257_ Round that amount to the nearest whole dollar. Multiply gross income by .062 (6.2% Social Security) and by .0145 (1.45% for Medicare). Add these two numbers to the federal income tax and subtract the sum from the gross income in order to get the net income

So $1257x0.062 = $77.9

$1257x0.0145= $18.22

18.22+77.9+42 = $137.9

$1257-$137

= $1119 is child support earning

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