what was the largest deduction for this pay period?\nsome corporation 123 somewhere drive, durham, nc…

what was the largest deduction for this pay period?\nsome corporation 123 somewhere drive, durham, nc 12345\ncompany name\nhope marie kingsley\nemployee name\nxxx-xx-6789\nssn\n98856\nemployee id\n5/1/2020 - 5/15/2020\npay period\n9/21/2020\npay date\nearnings statement\n600.00\ncurrent total\n315.21\ncurrent deductions\n284.79\nnet pay\n600.00\ncurrent total\n2,838.89\nytd deductions\n2,563.11\nytd net pay\n5,400.00\nytd gross\n15.00\nrate\n40\nhours\n98765\ncheck no.\ndeductions\nfica med tax\nfica ss tax\nfed tax\nnc st tax\nhealth\ndental\nretirement*\n8.70\n37.20\n90.00\n34.50\n76.59\n8.23\n60.00\ncurrent total\nytd total\n78.30\n334.80\n810.00\n310.50\n989.22\n174.07\n540.00\n*excluded from federal income tax

what was the largest deduction for this pay period?\nsome corporation 123 somewhere drive, durham, nc 12345\ncompany name\nhope marie kingsley\nemployee name\nxxx-xx-6789\nssn\n98856\nemployee id\n5/1/2020 - 5/15/2020\npay period\n9/21/2020\npay date\nearnings statement\n600.00\ncurrent total\n315.21\ncurrent deductions\n284.79\nnet pay\n600.00\ncurrent total\n2,838.89\nytd deductions\n2,563.11\nytd net pay\n5,400.00\nytd gross\n15.00\nrate\n40\nhours\n98765\ncheck no.\ndeductions\nfica med tax\nfica ss tax\nfed tax\nnc st tax\nhealth\ndental\nretirement*\n8.70\n37.20\n90.00\n34.50\n76.59\n8.23\n60.00\ncurrent total\nytd total\n78.30\n334.80\n810.00\n310.50\n989.22\n174.07\n540.00\n*excluded from federal income tax

Answer

Explanation:

Step1: List current - period deductions

The current - period deductions are: Retirement ($60.00), Dental ($8.23), Health ($76.59), NC ST TAX ($34.50), FED TAX ($90.00), FICA SS TAX ($37.20), FICA MED TAX ($8.70).

Step2: Compare the amounts

$90.00 (FED TAX) > $76.59 (Health) > $60.00 (Retirement) > $37.20 (FICA SS TAX) > $34.50 (NC ST TAX) > $8.70 (FICA MED TAX) > $8.23 (Dental).

Answer:

Federal Tax