Multiple Choice
Isabelle's gross pay for the week is $850. Her deduction for federal income tax is based on a rate of 19%. She has voluntary deductions of $135. Her yearly pay is under the limit for OASDI. What is the amount of her net pay? (Assume a FICA-OASDI Tax of 4.2% and FICA-Medicare Tax of 1.45%.)
A) $553.50
B) $688.50
C) $640.47
D) $505.47
Correct Answer:
Verified
Correct Answer:
Verified
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