Questions: The Old Townhouse Restaurant withheld 1,690.24 in federal income tax, 1,345.18 in Social Security tax, and 578.92 in Medicare tax from its employees. Find the amount The old Townhouse Restaurant must send to the IRS.
5,538.44
6,239.56
6,871.23
3,614.34
Transcript text: 9. The Old Townhouse Restaurant withheld $\$ 1,690.24$ in federal income tax, $\$ 1,345.18$ in Social Security tax, and $\$ 578.92$ in Medicare tax from its employees. Find the amount The old Townhouse Restaurant must send to the IRS.
$\$ 5,538.44$
$\$ 6,239.56$
$\$ 6,871.23$
$\$ 3,614.34$
Solution
Solution Steps
To find the total amount The Old Townhouse Restaurant must send to the IRS, we need to sum up the amounts withheld for federal income tax, Social Security tax, and Medicare tax.
Step 1: Identify the Amounts Withheld
The amounts withheld by The Old Townhouse Restaurant are:
Federal income tax: \( \$1690.24 \)
Social Security tax: \( \$1345.18 \)
Medicare tax: \( \$578.92 \)
Step 2: Sum the Amounts Withheld
To find the total amount that must be sent to the IRS, we sum the amounts withheld:
\[
\text{Total amount} = 1690.24 + 1345.18 + 578.92
\]
Step 3: Calculate the Total Amount
Performing the addition:
\[
\text{Total amount} = 3614.34
\]
Final Answer
The amount The Old Townhouse Restaurant must send to the IRS is:
\[
\boxed{\$3614.34}
\]