You are an hourly-paid employee who is paid on a weekly basis. You are making $23.13 per hour and work 40 hours per week. Taxes are federal (22%), FICA (7.65%), and state (3%). You also contribute to your retirement account a sum of $45 every pay period. Fill out the realized income calculator with the given information.

Respuesta :

Answer:

578.13


Step-by-step explanation:

40hrs at 23.13 is 925.20

Federal 22% =  203.54

FICA 7.65% = 70.77

Sate 3% = 27.76

Subtract those taxes from the 925.20 and round the penny fractions up (.235 = .24) and you get 623.13 but then don't forget about your 401k retirement plan, 45$ every week, so subtract that and then you're 1k a week paycheck, which is really nice btw, is down to................ 578.13!!!!!!