jreedswhs jreedswhs

17-10-2018
Mathematics

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How do calculate net pay and gross pay together to make one whole sum?

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21brightmajj 21brightmajj

17-10-2018

Start with Gross Pay. To begin the calculation of net pay, you must start with the employee's gross pay. ...

Deduct Federal Income Tax Withholding. ...

Deduct any State and Local Withholding. ...

Withhold FICA taxes. ...

Take any additional voluntary deductions.

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