K Stone's gross pay for the week is $1,300. Stone's year-to-date pay is under the limit for OASDI. Assume that the ra 6% and that Stone's year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and fedem tax expense and pay to the federal and state governments? OA. $174.85 OB. $183.50 OC. $78.00 OD. $96.85

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter9: Payroll Accounting: Employer Taxes And Reports
Section: Chapter Questions
Problem 6SEB: SUTA taxes on July 31, 20--. WORKERS COMPENSATION INSURANCE AND ADJUSTMENT Columbia Industries...
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Stone's gross pay for the week is $1,300. Stone's year-to-date pay is under the limit for OASDI. Assume that the ra
6% and that Stone's year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and feder
tax expense and pay to the federal and state governments?
OA. $174.85
OB. $183.50
OC. $78.00
OD. $96.85
ITD
Transcribed Image Text:K Stone's gross pay for the week is $1,300. Stone's year-to-date pay is under the limit for OASDI. Assume that the ra 6% and that Stone's year-to-date pay has not yet exceeded the $7,000 cap. What is the amount of state and feder tax expense and pay to the federal and state governments? OA. $174.85 OB. $183.50 OC. $78.00 OD. $96.85 ITD
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