Mathematics, 27.02.2021 01:30 Thefiles
Raymond Jackson’s gross biweekly pay is $4,800. His earnings to date for the year total $124,800. For the second check that is issued in October, what amount is deducted from his pay for Social Security, which is taxed at 6.2 percent on the first $90,000? For Medicare, which is taxed at 1.45 percent?
A
SSI: $0.00, Medicare: $69.60
B
SSI: $322.40, Medicare: $75.40
C
SSI: $297.60, Medicare: $69.60
D
SSI: $0.00, Medicare $75.40
Answers: 3
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Raymond Jackson’s gross biweekly pay is $4,800. His earnings to date for the year total $124,800. Fo...
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