Question
1: Paul Robinson's filing status is married filing jointly, and he has earned gross pay of $2,850. Each period he makes a 403(b) contribution of
1: Paul Robinson's filing status is married filing jointly, and he has earned gross pay of $2,850. Each period he makes a 403(b) contribution of 6.5% of gross pay . His current year taxable earnings for Medicare tax, to date, are $271,000. Total Medicare Tax = $
2: Stephen Belcher's filing status is single, and he has earned gross pay of $1,860. Each period he makes a 401(k) contribution of 9% of gross pay and contributes 1% of gross pay to a dependent care flexible spending plan. His current year taxable earnings for Medicare tax, to date, are $198,250. Total Medicare Tax = $
3: Sidney Black's filing status is head of household, and he has earned gross pay of $970. Each period he contributes $50 to a flexible spending plan. His current year taxable earnings for Medicare tax, to date, are $86,400. Total Medicare Tax = $
4: Bill Clay's filing status is married filing separately, and he has earned gross pay of $1,880. Each period he makes a 403(b) contribution of 11% of gross pay and contributes $70 to a cafeteria plan. His current year taxable earnings for Medicare tax, to date, are $124,700. Total Medicare Tax = $
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