Unit 2 Test

Madison Finn, single, makes $540.75 a week as the first violinist for the Grove Park Philharmonic. If she claims 1 allowance, what is the tax amount withheld. (Use Federal Income Tax Table)

• $58

• $57

• $67

• $38

If Erica Morrison, a machine operator at Stanley Foundry, makes $513.66 a week and has $33 in FIT withheld, how many allowances has she claimed?

• 0

• 1

• 2

• 3

How much tax is withheld from $45,580 if the tax rate is 4%?

• $2,300.10

• $1,855.50

• $3,500.40

• $1,823.20

Lily Friedman's gross pay is $350.00 per pay period. The Medicare tax rate is 1.45%. How much Medicare tax does Lily pay per pay period?

• $15.08

• $5.08

• $4.20

• $21.70

Patty Randall's insurance costs $3,400. If Elgin Power, her employer, pays 40%, how much does Patty pay?

• $3,000

• $600

• $3,040

• $2,040

Marty Keith's annual salary is $56,000 as a computer-aided designer. If the state tax rate is 4%, what does he pay yearly in state taxes?

• $3,240

• $2,240

• $4,000

• $4,220

Dane Cotter's gross biweekly pay as a receptionist is $560. If the Social Security tax rate is 5.4% and the Medicare tax rate is 2.3%, what is the total amount of deductions from his pay for Social Security and Medicare?

• $30.24

• $12.88

• $43.12

• $43.88

Chad Palmer's gross weekly salary as a logger is $630. He pays 6.2% Social Security tax, 1.45% Medicare tax, and $14.20 for health insurance. What is Chad's monthly net pay?

• $2,459.62

• $2,313.02

• $2,520

• $2,505.80