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    Calculate gross pay including employee and employer taxes

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    I am employed by HN Construction.
    Hourly rate of $32 with overtime of 1.5 times regular pay rate for all hours more than 40 per week.
    Total hours worked:52
    Federal Income tax withheld $275
    Cumulative earnings prior to the current week: $45,800
    Payroll taxes:
    FICA Taxes-owed by both Employee and Employer:
    Social Security 6.2% on maximum earnings of $106,400
    Medicare tax: 1.45% on all earnings
    Unemployment Taxes-owed by Employer only: state unemployment: 5.4% on maximum earnings of $7000 and federal Unemployment of 0.8%; on maximum earnings of $7000

    Determine Gross pay for current week
    Total deductions for this pay period
    HN payroll tax related to this person.
    Please show work

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    Solution Preview

    Gross pay for the current week:

    40 hours x 32 = 1280
    12 hours x (32 x 1.5) = 576
    Total gross for the week is 1280 + 576 = 1856.00

    Total deductions for this pay period

    Federal ...

    Solution Summary

    The solution gives all the calculations with explanation for how to compute gross and net payroll, plus the payroll burden paid by the employer.