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Mathematics, 16.11.2020 09:20 maxwellstrauss

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.
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

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