Rather than give you my calcs because I can not make it work -- I am only going to give you the amounts and see if anyone would like to give me some answers
The Amount to be grossed up for Housing/commuting is $ 8,258.45
Fica is not an issue - as the t/p has already met the maximum amount
So the percentages to gross up are:
25.56% Federal Withholding
7.17% State Withholding
1.45% Medicare
For a total of 34.18%
Gross Amount: ??
Would someone please give me their answer?
thanks
Sandy
The Amount to be grossed up for Housing/commuting is $ 8,258.45
Fica is not an issue - as the t/p has already met the maximum amount
So the percentages to gross up are:
25.56% Federal Withholding
7.17% State Withholding
1.45% Medicare
For a total of 34.18%
Gross Amount: ??
Would someone please give me their answer?
thanks
Sandy
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