Question: Social Security rate - 6 . 2 % on the first $ 1 4 2 , 8 0 0 of gross earnings Medicare rate -
Social Security rate on the first $ of gross earnings
Medicare rate
FUTA rate on the first $ of gross earnings
Don't forget, you must show ALL workcalculations to receive full credit! Also, be sure to round to two decimal places after EVERY calculation.
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Charlie Smith single; W with no information in steps earned weekly gross pay of $ For each pay period, he contributes $ to a flexible spending account. Use the percentage method to calculate his federal income tax withholding.
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