What will be the total deduction for social security and Medicare taxes on Mia's next weekly paycheck
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What will be the total deduction for social security and Medicare taxes on Mia's next weekly paycheck of $1,480 if she has already earned $23,680 this year? Social security tax is 6.2% of wages up to $106,800. Medicare tax is 1.45% of all wages. |
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Posted Date: