Upgrade to remove ads
Payroll; MAST 1110
Terms in this set (11)
Susie earns $1000 biweekly. She has 4% withheld for Medicaid and 15% withheld for Social Security. What is the net pay?
This is the total hours worked multiplied by hourly wage.
W-2 forms are given to all employees before what date each year?
An accounting period of 12 months is called
The official name of the W-2 forms is
Wages and tax statement
This is the total hourly wage minus deductions
Employees must file a report of all taxes-owed by a business at least this frequently
Sam makes $13 an hour for regular hours worked and $18 for overtime hours worked, what would her gross pay be if he worked 88 hours as a biweekly employee ?
If Darlene has two children and is not married, the maximum number of withholdings she should claim or W-4 would be
This form is completed by each new employee to determine income tax withholding ? Give the abbreviation and the official name of the document
W-4 ; employee's withholding allowance certificate
FICA is synonymous with these taxes ?
Social security tax
Sets found in the same folder
Banking; MAST 1110
Checks; MAST 1110
Cash management; MAST 1110
Terminology ; MAST 1110
Other sets by this creator
Management; MAST 1110
Human Resources; MAST 1110
Supervising; MAST 1110
Financial records and forms; MAST 1110
Other Quizlet sets
DPSN Lecture 1: Intro
mk350 homework 11