Deduct Social Security, Medicare and FIT (by percentage method) from earnings. SS rate is 6.2% on 97,500 and 1.45% for Medicare. Richard is $1000 below the maximum level for SS earnings. He is married, paid weekly and claims 2 exemptions. What is Richard's ner pay for the week if he earns $1300?

To calculate Richard's net pay for the week, we need to deduct Social Security (SS), Medicare, and Federal Income Tax (FIT) from his earnings.

1. Calculate the Social Security deduction:
The Social Security rate is 6.2% on earnings up to a certain maximum level. In 2021, this maximum level is $97,500. Since Richard is $1000 below this maximum, his full earnings are subject to the SS rate.

SS deduction = Earnings * SS rate
SS deduction = $1300 * 0.062
SS deduction = $80.60

2. Calculate the Medicare deduction:
The Medicare rate is 1.45% on all earnings.

Medicare deduction = Earnings * Medicare rate
Medicare deduction = $1300 * 0.0145
Medicare deduction = $18.85

3. Calculate the Federal Income Tax deduction:
To determine the FIT deduction, we need to know Richard's marital status, pay frequency, and number of exemptions. Please provide this information.

Please specify Richard's marital status, pay frequency (weekly, bi-weekly, monthly), and number of exemptions.