Latan is an employee of Giant Computers, where the job responsibilities include selling computers and software to customers. Latan is married and filing jointly with two dependents under 17. The annual salary is $48,000, and Latan receives a 3 percent commission on all sales. During the semimonthly pay period ending September 29, Latan sold $21,000 worth of computers and software.Required:Complete the payroll register for the September 29 pay period with a pay date of October 4.

To complete the payroll register for Latan for the pay period ending September 29 (with a pay date of October 4), we need to calculate:

1. **Gross Pay**: This includes both the regular salary and any commissions earned during this pay period.
2. **Deductions**: These include federal income tax, Social Security, Medicare, and any other applicable deductions (e.g., state tax, benefits).
3. **Net Pay**: The amount Latan will take home after all deductions.

### 1. **Gross Pay Calculation**

- **Regular Salary**: Latan's annual salary is $48,000. 
    - There are typically 24 semimonthly pay periods (since it's a semimonthly pay period), so the regular pay per period is:
    \[
    \text{Regular Pay} = \frac{48,000}{24} = 2,000
    \]
- **Commission**: Latan earns a 3% commission on $21,000 worth of sales.
    \[
    \text{Commission} = 21,000 \times 0.03 = 630
    \]
- **Total Gross Pay**:
    \[
    \text{Gross Pay} = 2,000 + 630 = 2,630
    \]

### 2. **Deductions Calculation**

Let's assume standard deductions for federal income tax, Social Security, and Medicare. We’ll use standard percentages for these calculations.

- **Federal Income Tax**: Based on marital status (married filing jointly) and dependents, we use a typical withholding rate (you'd usually refer to the tax tables for exact figures). A rough estimate for this scenario could be around 12% of gross pay for federal tax, considering dependents:
    \[
    \text{Federal Income Tax} = 2,630 \times 0.12 = 315.60
    \]
- **Social Security Tax**: Social Security tax is typically 6.2% of gross pay:
    \[
    \text{Social Security} = 2,630 \times 0.062 = 163.06
    \]
- **Medicare Tax**: Medicare tax is 1.45% of gross pay:
    \[
    \text{Medicare} = 2,630 \times 0.0145 = 38.14
    \]
- **State Income Tax (if applicable)**: This varies by state, but let’s assume a 5% state tax rate:
    \[
    \text{State Income Tax} = 2,630 \times 0.05 = 131.50
    \]

### 3. **Net Pay Calculation**

Now, we subtract the deductions from the gross pay to find the net pay:

\[
\text{Total Deductions} = 315.60 + 163.06 + 38.14 + 131.50 = 648.30
\]
\[
\text{Net Pay} = 2,630 - 648.30 = 1,981.70
\]

### Summary

- **Gross Pay**: $2,630
- **Federal Income Tax**: $315.60
- **Social Security**: $163.06
- **Medicare**: $38.14
- **State Income Tax**: $131.50
- **Total Deductions**: $648.30
- **Net Pay**: $1,981.70

Latan's net pay for the September 29 pay period with a pay date of October 4 would be **$1,981.70**.

---

Would you like to delve into the details of any part of this calculation?

### Follow-up Questions:
1. How do withholding allowances for dependents impact federal income tax?
2. What are the differences between semimonthly and biweekly payroll schedules?
3. How would Latan's gross pay change if the sales commission rate increased to 5%?
4. How is Social Security tax calculated beyond the wage base limit?
5. What are the tax implications of filing jointly with dependents?

**Tip**: Keeping a detailed record of each pay period helps in understanding your tax deductions and planning your finances accordingly!

Latan is an employee of Giant Computers, where the job responsibilities include selling computers and software to customers. Latan is married and filing jointly with two dependents under 17. The annual salary is $48,000, and Latan receives a 3 percent commission on all sales. During the semimonthly pay period ending September 29, Latan sold $21,000 worth of computers and software. Required: Complete the payroll register for the September 29 pay period with a pay date of October 4.

Learn how to complete a payroll register for an employee with a $48,000 salary, 3% commission, and dependents. This example includes calculating gross pay, deductions (federal tax, Social Security, Medicare), and net pay, using percentage-based formulas.

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