Carolyne is paid $1000 biweekly. This year, to date, she has earned $25,300. Wha
ID: 2900449 • Letter: C
Question
Carolyne is paid $1000 biweekly. This year, to date, she has earned $25,300. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2% of gross wages up to $87,900. Medicare tax is 1.45% of all gross wages.) Answer a. $94.60 b. $213.05 c. $76.50 d. $155.80 Carolyne is paid $1000 biweekly. This year, to date, she has earned $25,300. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2% of gross wages up to $87,900. Medicare tax is 1.45% of all gross wages.) Carolyne is paid $1000 biweekly. This year, to date, she has earned $25,300. What will be the total deduction for Social Security and Medicare taxes on her next paycheck? (Social Security tax is 6.2% of gross wages up to $87,900. Medicare tax is 1.45% of all gross wages.) $94.60 $213.05 $76.50 $155.80 a. $94.60 b. $213.05 c. $76.50 d. $155.80Explanation / Answer
$76.50 c. $76.50Related Questions
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