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What would be an employee net pay for the year

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Question - Assuming a FICA tax rate of 7.65% on the first $128400 in wages, 1.45% on amounts in excess of $128400, and a federal income tax rate of 20% on all wages, what would be an employee's net pay for the year if he earned $230400 for the year?

Reference no: EM133187399

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