Sean Matthews is a waiter at the deluxe lounge . In his first weekly pay in March he earned 300 for the 40 hours he worked . In addition he reports his tips for February to his employer (500) and the employer withhelolds the appropriate taxes for the tips from his first pay in March calculate his net take home pay assuming the employer withheld federal income tax (wage bracket married 2 allowances) social security taxes and state income tax 2%