Use the percentage method of withholding to find federal withholding​ tax, a​ 6.2% FICA rate to find FICA​ tax, and​ 1.45% to find Medicare tax for the employee Hamel
​, 
whose marital status is married
​, 
whose number of withholding allowances is 3
​, 
and whose weekly
 
gross earnings are ​$516.31
. 
Then find his net pay. Assume that he has not earned over ​$130 comma 000
 
so far this year.

Question content area bottom
Part 1
Hamel
​'s 
federal withholding tax is ​$0
.
​(Round to the nearest cent as​ needed.)

To calculate Hamel's net pay, we will follow the steps below:

### Step 1: Federal Withholding Tax
You mentioned that Hamel's **federal withholding tax is $0**, so we don't need to calculate it further.

### Step 2: FICA Tax
The FICA tax rate is **6.2%**, and since Hamel has not earned over $130,000 this year, the full FICA tax applies.

\[
\text{FICA Tax} = 516.31 \times 6.2\% = 516.31 \times 0.062 = 31.01
\]

### Step 3: Medicare Tax
The Medicare tax rate is **1.45%**. This also applies fully since Hamel has not exceeded the income threshold.

\[
\text{Medicare Tax} = 516.31 \times 1.45\% = 516.31 \times 0.0145 = 7.49
\]

### Step 4: Net Pay Calculation
Hamel's gross pay is $516.31. To find the net pay, subtract the FICA and Medicare taxes:

\[
\text{Net Pay} = 516.31 - 31.01 - 7.49 = 477.81
\]

### Final Answer
- **Federal Withholding Tax**: $0
- **FICA Tax**: $31.01
- **Medicare Tax**: $7.49
- **Net Pay**: $477.81

Would you like more details on any of these calculations, or do you have other questions?

### Related Questions:
1. How does the number of withholding allowances affect the federal withholding tax?
2. What happens if Hamel earns over $130,000 later in the year regarding FICA?
3. How do withholding allowances differ for married vs. single individuals?
4. Can Hamel claim additional deductions to reduce his taxable income?
5. How does the Medicare tax change for income over a certain threshold?

### Tip:
Make sure to review your withholding allowances annually to ensure you're not overpaying or underpaying taxes!

Use the percentage method of withholding to find federal withholding tax, a 6.2% FICA rate to find FICA tax, and 1.45% to find Medicare tax for the employee Hamel, whose marital status is married, whose number of withholding allowances is 3, and whose weekly gross earnings are $516.31. Then find his net pay. Assume that he has not earned over $130,000 so far this year.

Learn how to calculate federal withholding, FICA tax at 6.2%, and Medicare tax at 1.45% for Hamel, a married employee with 3 withholding allowances and a weekly gross earning of $516.31. Includes step-by-step calculations and the formula for net pay. Suitable for high school students and payroll learners.

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