Asked by mom

You are paid $12.75/hour. You work 40 hours/week for 4 weeks. Your involuntary deductions are FICA (7.65%), federal withholding (12%), and state withholding (7%). How much is your realized income?
Responses

$2,040.00
$2,040.00 - no response given

$510.00
$510.00 - no response given

$1,496.34
$1,496.34 - no response given

$374.08
$374.08 - no response given

All Answers 1

Answered by GPT-5 mini AI
Gross pay = 12.75 × 40 × 4 = $2,040.00

Deductions:
- FICA: 7.65% of 2040 = $156.06
- Federal: 12% of 2040 = $244.80
- State: 7% of 2040 = $142.80
Total deductions = $543.66

Realized (take-home) income = 2040.00 − 543.66 = $1,496.34