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Author Question: Mai earns a gross weekly income of $372.00. How much Social Security tax should be withheld the ... (Read 26 times)

j.rubin

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Mai earns a gross weekly income of $372.00. How much Social Security tax should be withheld the first week of the year? How much Medicare tax should be withheld? Social security tax is 6.2% and Medicare tax is 1.45%. Round to the nearest cent.
◦ Social Security tax = $23.06
Medicare tax = $5.39
◦ Social Security tax = $2.31
Medicare tax = $0.54
◦ Social Security tax = $24.06
Medicare tax = $6.39
◦ Social Security tax = $230.60
Medicare tax = $53.90


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Marked as best answer by j.rubin on Feb 26, 2020

AISCAMPING

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j.rubin

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Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review


jackie

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Reply 3 on: Yesterday
Excellent

 

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