Larren Buffett is concerned after receiving her weekly paycheck. She believes that her deductions for Social Security, Medicare, and Federal Income Tax withholding (FIT) may be incorrect. Larren is paid a salary of $3,500 weekly. She is married, claims 2 deductions, and prior to this payroll check, has total earnings of $128,310. What are the correct deductions for Social Security Medicare, and FIT? Assume a rate of 6.2% on $128,400 for Social Security and 1.45% for Medicare. (Use Table 91 and Table 9.2). (Round your answers to the nearest cent.) Deductions Social Security taxes Medicare taxes FIT Payroll Period One Withholding Allowance Weekly Biweekly Semimonthly Monthly Quarterly Semiannually Annually Daily or miscellaneous (each day of the payroll period) $ 79.80 159.60 172.90 345.80 1,037.50 2,075.00 4,150.00 16.00 Percentage Method Tables for Income Tax Withholding (For Wages Paid in 2018) Over Bees 095 0169 9:08 SOGO 001 LISCH MIS TABLE WEEKLY Payroll Period (6) SINGLE pero nung head househod (6) MARRIED pero Mamount of wat lolog lacing The online (ancing The amount of con wing Now Whold walinda to with Norow $71 30 Now but not ever of Over Dit motor of excesso 571 -5864 5000 plus 10% SOCO 10 5254 015 51212 op 55 2015 61.000 sh. 05.301 971 01.11 31.500 69,100 271.00 PM 01050 od 3000 041 $3100 --330017 5017, -3000 314 7,014 5317 -30.00 SOM 500 1901 3.752.plus -7.91 2016.10 m 090871 $2.000 50 TABLE 2-WEEKLY Payroll Period () INGLE peron ding head of hutold (b) MARRIED per amount o aces HDMI (aher acting Theo |tatore The one tox wongane soda withholding windi Not Over 14 10 NO 444 Over BROOVE of een over Over Butover of excess o - 500 50.00 RON 5142 544 30.000 -5444 SSOR -511 335. TOU 125 500 $117 5.1 ST330plus -51.172 $11 15 3171 -16 41 SAZ 52421 S.315 55.200 55412 24 3315 512 56700 S205 -0.790 SE300 - S $1254 272 2002 15829 5240 12 512.00 ST $19.373 $17572 353 67835 SIE 809 2321 3123 -515 11037 55.79572 plus 90 373 352 2008 TABLE 2 WEEKLY Payroll Period DES den 06 STS KE 05 (*) SINGLE POR ning head of household (5) MARRIED pero TOUR web Theo Theart of conto winding those withods wholding slowance is 114 Note 4 Over Buto of excess Over But not over of extes SI o posto 1414 -SUNT 30.000 $444 SSO -11 352 3600 sa spus 12 -$1,17 51.631 0315 51713 -1631 SS42 Sposa $3,315 200 S41.82 plus SIS 70 --512.500 31.03.20 plus 248 300 S6200 -7306 51234224 GB 200 $1250 4-51520 SA --$10.373 $1.7574225 57835 TRD STA 5197 570573 19520521 SE 200 27591 TAOLEO-MIMONTHLY Payroll SINGLE Donnaged to () MARRIED pro the amount the word cherung The amount of income to God The amount of winding on low Nov 15 No 5461 O U Ova Buloto SI sh 14 UH 17 - SUS - 101 -5551 51275 -0% 579012 51 51,7 - 2 -17 51,700 $3911204 3. TO 12. - St 51.22 -350 . 11:33 16712 SE S1714 12 -10 S. 1900 40 , B.O. -612 BA 2000 GB 5,704 TABLE ONTHLY Payroll Period SOLE () MARRIED ON ng Throw Thomas wanded eo Na SO More O Duo Over 300 01 102 1000 1000 - - -10 12.00 -4 300 - -3530 1415-1013 -14 1,433 SEN 1514,3 -2010 -- 524 -1 22 23 - 545 -- - -16. SMR -0.00 SY - SES -515 13:43 he VOOR C DEVEL 3