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Eastley St. Johnson earns $6,048 a year at his part-time job. He is single and claim 3 allowances. The state tax is 2 percent of gross pay and the local tax is 1.5 percent of the gross pay. Social Security is 6.2 percent of the first $84,900. Medicare is 1.45 percent of all income. Monthly deductions include $159.83 for health insurance and union dues of $15. Find the deductions and the net pay for Wesley.

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Answer:

To find the deductions and net pay for Eastley St. Johnson, we need to calculate each deduction separately.

1. State Tax:

- Gross pay: $6,048

- State tax rate: 2%

- State tax deduction: $6,048 * 0.02 = $120.96

2. Local Tax:

- Gross pay: $6,048

- Local tax rate: 1.5%

- Local tax deduction: $6,048 * 0.015 = $90.72

3. Social Security:

- Gross pay: $6,048

- Social Security rate: 6.2% of the first $84,900

- Social Security deduction: $6,048 * 0.062 = $375.94

4. Medicare:

- Gross pay: $6,048

- Medicare rate: 1.45%

- Medicare deduction: $6,048 * 0.0145 = $87.82

5. Monthly Deductions:

- Health insurance: $159.83

- Union dues: $15

- Total monthly deductions: $159.83 + $15 = $174.83

Now, let's calculate the total deductions:

Total deductions = State tax + Local tax + Social Security + Medicare + Total monthly deductions

Total deductions = $120.96 + $90.72 + $375.94 + $87.82 + $174.83

Total deductions = $850.27

To find the net pay:

Net pay = Gross pay - Total deductions

Net pay = $6,048 - $850.27

Net pay = $5,197.73

Therefore, Eastley St. Johnson's deductions would amount to $850.27, and his net pay would be $5,197.73.

Step-by-step explanation: