This topic contains a solution. Click here to go to the answer

Author Question: Daniel earns $125,448 annually and is paid monthly. How much Social Security tax will be deducted ... (Read 99 times)

jhjkgdfhk

  • Hero Member
  • *****
  • Posts: 569
Daniel earns $125,448  annually and is paid monthly. How much Social Security tax will be deducted from his December earnings? How much Medicare tax will be deducted from his December earnings? Social security tax is 6.2% and Medicare tax is 1.45%. Round to the nearest cent.
◦ Social Security tax = $2173.70
Medicare tax = $1515.83
◦ Social Security tax = $21.74
Medicare tax = $15.16
◦ Social Security tax = $218.37
Medicare tax = $152.58
◦ Social Security tax = $217.37
Medicare tax = $151.58


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by jhjkgdfhk on Feb 26, 2020

adammoses97

  • Sr. Member
  • ****
  • Posts: 337
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 45% of students answer this correctly




jhjkgdfhk

  • Member
  • Posts: 569
Reply 2 on: Feb 26, 2020
YES! Correct, THANKS for helping me on my review


bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

For a complete list of videos, visit our video library