Assume that lisa has voluntary withholdings of 40 in

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During the first week of January, Liesl Grady earned $600. Assume that FICA taxes are 7.65 percent of wages up to $50,000, state unemployment tax is 5.0 percent of wages up to $13,000, and federal unemployment tax is 0.8 percent of wages up to $13,000. Assume that Lisa has voluntary withholdings of $40 (in addition to taxes) and that federal and state income tax withholdings are $30 and $16, respectively. What amount is the check, net of all deductions, that Lisa received for the week's pay?

Reference no: EM13589214

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