Sedki earned $129,750 in 2017. How much did he pay in Social Security taxes? In Medicare taxes?

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Sedki earned $129,750 in 2017. How much did he pay in Social Security taxes? In Medicare taxes? In total FICA taxes? (Hint: Don’t forget the annual Social Security earnings cap.)

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Personal Finance Turning Money into Wealth

ISBN: 978-0134730363

8th edition

Authors: Arthur J. Keown

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Question Posted: Dec 31, 2019 06:20 AM

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Sedki earned $119,750 in 2014. How much did he pay in Social Security taxes? In Medicare taxes? In total FICA taxes?
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Sedki earned $129,750 in 2017. How much did he pay in Social Security taxes? In Medicare taxes?

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For income of 129750 the following 2017 t...View the full answer

Personal Finance Turning Money into Wealth

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