Mathematics, 30.06.2019 03:30 lindsaypre0644
The chief executive officer earns 21,800 per month. as of may 31, her gross pay was $109,000. the tax rate for social security is 6.2% of the first 118,500 earned each calendar year and the fica tax rate for medicare is 1.45% of all earnings. the current futa tax rate of 0.6% and the suta tax rate is 5.4%. both unemployment taxes are applied to the first $7,000 of an employees pay. what is the amount of the fica social security withheld from this employee for the month of june?
Answers: 2
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The chief executive officer earns 21,800 per month. as of may 31, her gross pay was $109,000. the ta...
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