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Emle Gilmore began working as a part-time waiter on ]une 1 2017, at Sporthouse R

ID: 2590256 • Letter: E

Question

Emle Gilmore began working as a part-time waiter on ]une 1 2017, at Sporthouse Restaurant. The cash tips of 70 that he received during ] ne were reported on Form 4070 which he submitted to his employer on July 3 During July, he was paid wages of 550 by the restaurant. Round your answers to the nearest cent. Compute the following amounts: OASDI HI a. The amount c FICA taxes that the employer should withhold from Gilmore's wages during luly. b. The amount of the employer's FICA taxes on Gilmore's wages and tips during July

Explanation / Answer

Particulars

OASDI

HI

The Amount of FICA taxes that the employer should withhold from Gimore's wages during July

$57.04

$13.34

The amount of the employer's FICA wages and tips during July

$57.04

$13.34

Working:

June tips

$370

July wages

$550

$920

OASDI at 6.2%

$57.04

HI at 1.45%

$13.34

Particulars

OASDI

HI

The Amount of FICA taxes that the employer should withhold from Gimore's wages during July

$57.04

$13.34

The amount of the employer's FICA wages and tips during July

$57.04

$13.34

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