Answer:
Withholding taxes
Federal income tax withheld= $100.24
OASDI tax withheld=$24.86
HI tax withheld=$5.81
Utah income tax withheld=$20.05
Gross amount= $400.96
Step-by-step explanation:
Amount per employee(desired net pay)= $250.00
Federal rate=25%=0.25
OASDI tax=6.2%=0.062
HI tax witheld= 1.45%=0.0145
Utah income tax=5%=0.05
Combined taxes= 0.25+0.062+0.0145+0.05=0.3765
Gross pay=Desired net pay/(1-all taxes)
Gross pay= 250/(1-0.3765)=250/0.6235=400.96
Working backwards
Since we have gross bonus of $400.96
Federal income tax withheld is 0.25of$400.96= $100.24
OASDI tax is 0.062of$400.96=$24.86
HI tax is 0.0145of$400.96=$5.81
Utah income tax is 0.05of$400.96=$20.05
Total deductions=$100.24+$24.86+$5.81+$20.05= $150.96
Net income is $400.96-$150.96= $250.00