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Business, 29.10.2019 22:31 bobbustery2468

Calculate the social security and medicare deductions for the following employee (assume a tax rate of 6.2% on $118,500 for social security and 1.45% for medicare): (leave no cells blank - be certain to enter "0" wherever required. round your answers to the nearest cent.) employee cumulative earnings before this pay period pay amount this period social security medicare reese $409,800 $6,700 $ $

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Calculate the social security and medicare deductions for the following employee (assume a tax rate...
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