Question: Instruction 3 - 1 Complete Problems 1 and 2 by recording your answers in the spaces provided. Use the following tax rates and taxable wage
Instruction
Complete Problems and by recording your answers in the spaces provided. Use the following tax rates and taxable wage
bases: Employees' and Employer's OASDI both on $; HI for employees and employers on the total wages paid.
Employees' Supplemental HI of on wages in excess of $ was not applicable in these problems.
Refer to Instruction Karlie Hastings is a writer employee for the Santa Fe Gazette and has an annual salary of
$ This year, she also realized net selfemployment earnings of $ from a book she wrote. What portion of
her selfemployment earnings is subject to the two parts of the social security tax?
a OASDI taxable selfemployment earnings
b HI taxable selfemployment earnings
c OASDI selfemployment tax
d Hi selfemployment tax
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