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Business, 18.10.2019 23:20 chasen11

Damerly company (a california employer) wants to give a holiday bonus check of $245 to each employee. since it wants the check amount to be $245, it will need to gross-up the amount of the bonus. calculate the withholding taxes and the gross amount of the bonus to be made to john rolen if his cumulative earnings for the year are $46,910. besides being subject to social security taxes and federal income tax (supplemental rate), a 7% california income tax must be withheld on supplemental payments.

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Damerly company (a california employer) wants to give a holiday bonus check of $245 to each employee...
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