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Collin Is a Full-Time Exempt Employee in Juneau, Alaska, Who

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Collin is a full-time exempt employee in Juneau, Alaska, who earns $135,000 annually and has not yet reached the Social Security wage base. He is single with 1 withholding allowance and is paid semimonthly. He contributes 3% per pay period to his 401(k) and has pre-tax health insurance and AFLAC deductions of $150 and $25, respectively. Collin has a child support garnishment of $300 per pay period. What is his net pay? (Use the percentage method. Do not round interim calculations, only round final answer to two decimal points.) Table 5. Percentage Method-2017 Amount for One Withholding Allowance
Federal Income tax using percentage method
Collin is a full-time exempt employee in Juneau, Alaska, who earns $135,000 annually and has not yet reached the Social Security wage base. He is single with 1 withholding allowance and is paid semimonthly. He contributes 3% per pay period to his 401(k)  and has pre-tax health insurance and AFLAC deductions of $150 and $25, respectively. Collin has a child support garnishment of $300 per pay period. What is his net pay? (Use the percentage method. Do not round interim calculations, only round final answer to two decimal points.)  Table 5. Percentage Method-2017 Amount for One Withholding Allowance Federal Income tax using percentage method     A)  $3,353.05 B)  $3,452.08 C)  $3,274.60 D)  $3,585.14 Collin is a full-time exempt employee in Juneau, Alaska, who earns $135,000 annually and has not yet reached the Social Security wage base. He is single with 1 withholding allowance and is paid semimonthly. He contributes 3% per pay period to his 401(k)  and has pre-tax health insurance and AFLAC deductions of $150 and $25, respectively. Collin has a child support garnishment of $300 per pay period. What is his net pay? (Use the percentage method. Do not round interim calculations, only round final answer to two decimal points.)  Table 5. Percentage Method-2017 Amount for One Withholding Allowance Federal Income tax using percentage method     A)  $3,353.05 B)  $3,452.08 C)  $3,274.60 D)  $3,585.14


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