For all payroll calculations, use the following tax rates and
round amounts to the nearest cent:
Employee:
OASDI:
6.2%
on first
$132,900
earned; Medicare:
1.45%
up to
$200,000,
2.35%
on earnings above
$200,000.
Employer:
OASDI:
6.2%
on first
$132,900
earned; Medicare:
1.45%;
FUTA:
0.6%
on first
$7,000
earned; SUTA:
5.4%
on first
$7,000
earned.
Robinson
works at College of
Boston
and is paid
$30
per hour for a 40-hour workweek and time-and-a-half for hours
above 40.
For all payroll calculations,...