kim is single and earns wages of $230,000 in 2020. Kim's employer withhold all the required...

kim is single and earns wages of $230,000 in 2020. Kim's employer withhold all the required payroll taxes including 20% federal income tax withholding and 5% state income tax withholding. The employers rates for FUTA and SUTA are .6% and 5.4% respectively. Calculate Kim's net pay for 2020 and the total payroll expense paid to kim by her employer.

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ekkarill92 answered 1 year ago

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