Question
William worked 80 hours at
per
hour. What was his gross income?
He had the following deductions from
his paycheck:
Federal Income Tax:
Social Security:
Medicare:
Health Insurance:
What was his NET income?
hour. What was his gross income?
He had the following deductions from
his paycheck:
Federal Income Tax:
Social Security:
Medicare:
Health Insurance:
What was his NET income?
Ask by Clarke Spencer. in the United States
Mar 26,2025
Upstudy AI Solution
Tutor-Verified Answer
Answer
William’s gross income is $2000, and his net income is $1834.44.
Solution

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The Deep Dive
To find William’s gross income, we multiply the number of hours he worked by his hourly wage. So,
gross income.
Now, to calculate his NET income, we subtract the total deductions from his gross income. The deductions are:
- Federal Income Tax:
- Social Security:
- Medicare:
- Health Insurance:
Adding these deductions together gives us:
.
Now, subtracting the total deductions from the gross income:
.
So, his NET income is
.