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Mathematics, 24.06.2019 11:00 penaabel1492

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): employee "slater" cumulative earnings before this pay period $103,000 pay amount this period $6,800. what is social security tax amount and medicare amount?

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

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