The Paycheck Could you prepare Adam's paycheck for the last week of 2021? Show all computations.
Adam Adamson
SSN: 333-22-4444
Marital Status: Single
Federal W/H Allowances: 1
Annual Compensation: 203,000. 20 salary
YTD Gross Compensation: 199,096. 35
Adam contributes 5% of gross compensation to the 401(k) plan every week and 20 to the United Way.
State Income Tax Withholding rate: 5% of taxable pay which is the same as taxable pay for federal income tax withholding.
a) 1,195. 29
b) 1,293. 64
c) 1,385. 50
d) 1,496. 12