Business, 21.04.2020 15:30 azireyathurmond1

Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a year ($15,000 per month). Employers are required to withhold a 6.2% Social Security tax up to a maximum base amount and a 1.45% Medicare tax with no maximum. Assuming the Social Security maximum base amount is $128,400, through what month will Social Security be withheld?

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Greger Peterson is a senior manager at a public accounting firm making a base salary of $180,000 a y...

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