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(2) During the current pay period, an employee earned $2,000. If the social security tax is 6.0% and the Medicare tax rate is 1.5% on

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(2) During the current pay period, an employee earned $2,000. If the social security tax is 6.0% and the Medicare tax rate is 1.5% on all earnings, what is the total amount of FICA tax to be withheld from the employee's pay this period? (3) Using the rates in (2), compute the total amount of social security and Medicare tax withheld from the pay of an employee who has earned $10,000 during the year but has actually received only $9,700, with the remaining $300 to be paid in the next year

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