Narrative 9-2
Use the Information Below to Solve the Following

question 18

Short Answer

Narrative 9-2
Use the information below to solve the following problems:
$$\begin{array} { l l l } & \text { Tax Rate } & \text { Wage Base } \\\text { Social security } & 6.2 \% & \$ 128,400 \\\text { Medicare } & 1.45 \% & \text { no limit } \\\text { FUTA } & .6 \% & \$ 7,000 \\\text { SUTA } & 5.4 \% & \$ 7,000\end{array}$$
-Refer to Narrative in your text 9-2. David Wheeler earns $3,200.00 per month. His Federal Income Tax withholding is $593.00. In addition to social security and Medicare, David also pays 2.3% state income tax, $$\frac { 1 } { 2 } \%$$ for state disability insurance (both based on gross earnings), $16.18 for union dues, and $23.50 for term life insurance. What is David's net take-home pay for January?