Weekly Gross Pay Income Tax Withheld based on the Weekly Gross Pay

INSTRUCTIONS TO CANDIDATES

ANSWER ALL QUESTIONS

You have been asked to write a payroll program for the Lollipops4me Company. Lollipops4me Company is located in Cincinnati, Ohio and has employees that live in Ohio, Indiana, and Kentucky. The company has both salaried (management) and hourly employees. The application should assist the payroll clerk in doing her weekly (52 times a year) payroll. 

The application must allow the clerk to state if the payroll is a salaried employee or an hourly employee. Based on that selection, the clerk will gain access to the proper form to enter the necessary the first and last name of the employee and the necessary data for each type of employee to provide the necessary totals of: Gross Pay, FICA, State Taxes, Federal Taxes, and Net Pay. 

Gross Pay for Salaried Employees: 

• The clerk will provide the yearly salary of the employee on the form. Net Pay will be determined based on the salary divided by the number of payrolls per year. 

Gross Pay for Hourly Employees: 

• The clerk will provide the hours worked for the pay period and their hourly wage. Net pay will be determined based on the hours worked and the hourly wage. If the employee works over 40 hours in a week, they will be paid time and a half for all hours over 40. 

FICA: 

• 7.65% of total Weekly Gross Pay (Social Security tax). 

State Taxes: 

• For Ohio: 6.5% of Weekly Gross Pay 

• For Kentucky: 6% of Weekly Gross Pay 

• For Indiana: 5.5% of Weekly Gross Pay 

Net Pay: $XX,XXX.00 

FICA: $XX,XXX.00

State Tax: $XX,XXX.00

Federal Tax: $XX,XXX.00

Gross Pay: $XX,XXX.00 

Federal Taxes: 

Net Pay: 

Weekly Gross Pay Income Tax Withheld based on the Weekly Gross Pay $0 to $50 $0 > $50 to $500 10% over $51 > $500 to $2,500 $45.00 + 15% of amount over $500.00 > $2,500 to $5,000 $345.00 + 20% of amount over $2,500 Over $5,000 $845.00 + 25% of amount over $5,000 

• Gross Pay — FICA — State Taxes — Federal Taxes 

Attachments:

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