Mathematics, 20.10.2020 02:01 duhitzmay4693

Calculate the Social Security and Medicare tax that would be applied to an annual salary of $235,430. Use $106,800 for maximum taxable earnings. a.
Social Security tax: $1,459.67, Medicare tax: $341.37
b.
Social Security tax: $14,596.66, Medicare tax: $3,413.70
c.
Social Security tax: $662.16, Medicare tax: $341.37
d.
Social Security tax: $6,621.60, Medicare tax: $3,413.70

Answers: 2

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Calculate the Social Security and Medicare tax that would be applied to an annual salary of $235,430...