1. Social Security Tax 7.65%
Medicare Tax 1.45%
Maximum Social Security 7,458.75
Britney's Music Emporium
Weekly Payroll Report 11/15/2008
Rate Hours
Employee Dependents per Hour YTD Soc.Sec. Worked Gross Pay Soc.Sec.
Aquire, Raul 2 7.25 767.00 2.50 18.13 1.39
Kwasny, Casimir 7 8.25 1,307.75 23.50 193.88 14.83
Mohammed, Aadil 1 11.50 930.25 18.75 215.63 16.50
Ruiz, Tepin 3 14.25 7,458.75 49.50 773.06 -
Holkavich, Fred 2 13.4 7,457.25 57.00 877.70 1.00
Jordan , Leon 4 13.5 2,952.78 37.25 502.88 38.47
Wright, Louise 5 23.25 7,430.00 46.75 1,165.41 28.75
Totals 235.25 3746.69 100.93

2. Federal
Medicare Tax State Tax Net Pay % Taxes
0.26 - 0.63 15.84 12.60%
2.81 7.85 6.79 161.6 16.65%
3.13 38.71 7.55 149.75 30.55%
11.21 141.36 27.06 593.44 23.24%
12.73 166.70 30.72 666.55 24.06%
7.29 82.90 17.60 356.61 29.09%
16.90 210.99 40.79 867.98 25.52%
54.07 648.51 131.14 2811.77 161.71%