# An employee works 47 hours (47-40 overtime hours) during a workweek in October of 2020. the employee earns $46/hour, with his employer paying 1.5 times times regular rate of pay for overtime hours. to date, he has earned$140,550 during the present year. he has requested that his employer withhold 7% of gross pay which is to be contributed to a 401(k) plan. Taxable income for federal income tax withholding=taxable income for social security tax=taxable income for Medicare tax=​

###### Question:

An employee works 47 hours (47-40 overtime hours) during a workweek in October of 2020. the employee earns $46/hour, with his employer paying 1.5 times times regular rate of pay for overtime hours. to date, he has earned$140,550 during the present year. he has requested that his employer withhold 7% of gross pay which is to be contributed to a 401(k) plan.
Taxable income for federal income tax withholding=
taxable income for social security tax=
taxable income for Medicare tax=​

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