Allen is a full-time employee of Mr. Green and receives an annual salary of $48,000, which is paid weekly. Besides federal and state income taxes, Mr. Green is required to withhold 7.65 percent of his income for social security tax.
a. What is Allen’s weekly income before anything is taken out?
b. What was the amount of social security tax withheld for the year?
c. What amount does Mr. Green withhold from Allen’s weekly check for social security tax?
a. $923.08
b. $3,672
c. $70.62
d. $1,836
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