You are single and claim no allowances. How much is deducted from your weekly paycheck for federal income taxes? Your state tax income rate is 4.2% on all gross income. How much is deducted from your weekly paycheck for state income taxes?

Your local tax rate is 2.1% on all gross income. How much is deducted from your weekly paycheck for local tax?

Social security tax is deducted at the standard rate of 6.2%. How much will you pay into Social Security each week?

Medicare is deducted at the standard rate of 1.45% on all earnings. How much will your pay into Medicare each week?

You know it’s a good idea to have medical insurance. Since your employer is offering to pay 70% of the annual cost, you decide to participate in the company’s plan. If the plan has an annual cost of $4000, how much is deducted from your weekly paycheck for your share of the medical plan?

Given all of the above deductions, what will your net pay