Security taxes = 7.65% of 420 = 0.0765 x 420 = 32.13. Federal taxes = 22% of 420 = 0.22 x 420 = 92.40 and state taxes = 5.95% of 420 = 0.0595 x 420 = 24.99. Total amount deducted for taxes = 32.13 + 92.40 + 24.99 = 149.52. Take home pay = earnings - deductions = 420 - 149.52 = 270.48
Hope this helps. Let me know if you need additional help!
