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You add the deductions to the take home pay to get the gross pay. $743 + $25 + $5 + $27 = $800.00

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Q: Sam's take-home pay is 743. His deductions are 25 for OASDI 5 for Medicare and 27 for income tax. What is his gross pay?
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Related questions

What tax deductions can not appear on a payroll withholding statement?

There are several tax deductions that appear on a payroll statement. These are FICA, which is Medicare and Social Security, along with income tax and OASDI. OASDI stands for old age, survivors, and disability insurance.


How can you do oasdi taxable earnings?

Earned income wages salaries, tips, etc the amount from box 1 of your W-2 form and the net profit from self employment income is some of the income that is used to calculate the amount of OASDI (social security and medicare taxes) (FICA) that will be withheld or paid from your wages or the net profit from a self employed business.


If Still working at 65 do you still pay fica taxes?

Sure you do still pay your share of the FICA (social security and medicare) (OASDI) taxes on your earned income as long as you are providing your services to earn the income and are still breathing.


What type of tax pay for your monthly income when you retire?

OASDI (Old Age Survivors and Disability Insurance), FICA, SSB, (Social Security and Medicare tax) they all mean the same thing.


What deduction is the largest percentage of paycheck deductions?

Probably the OASDI (FICA) (social security and medicare taxes) all mean the same tax. The maximum social security contribution limit is 6621 No limit on the amount of earned income that is subject to the medicare tax rate of 1.45% of gross income. If you are a self employed taxpayer then you are responsible for all of your own FICA self employment taxes of 15.3% plus any income taxes on your net profit from your business operation at your marginal tax rate. For those with well above average income, the Federal income tax withholding may be far more than FICA; FICA is capped, but income tax is not.


What is the money the government takes on wages?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) and federal income taxes and state income taxes and maybe some local taxes that is required to be paid to the government's.


What is social security and Medicare?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.


What are two of the programs that FICA funds?

Social Security and Medicare are funded by FICA


Do you get OASDI money back in your tax returns?

No, Social Security taxes are separate from income tax. There is no refund.


What is federal FICA?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.


What taxes are matched by employers?

The employee social security and medicare taxes are matched by the employer. The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax.


What does fica pay for?

The (OASDI) Old Age Survivor and Disability Insurance (FICA) (social security and Medicare taxes) all mean the same tax. Possible future social security benefits and some medicare insurance coverage.