Compute the deduction for oasdi tax

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Reference no: EM133147082

Question - Ken Gorman is a maitre d' at Carmel Dinner Club. On February 1, 20-- his gross pay was $800 (three days working, one paid vacation day, and one paid sick day). He also reported to his employer tips of $900 for the previous month (applicable taxes to be deducted out of this pay). Gorman belongs to the company's 401(k) plan and has 5% of his gross pay ($800) deducted each week (salary reduction). Carmel Dinner Club also provides a matching contribution ($40) into the plan for Gorman.

Required -

a. Compute the Deduction for OASDI tax?

b. Compute the Deduction for HI tax?

Reference no: EM133147082

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