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9.2 1. In 2009, Glenda had two jobs. She earned $62,420 working the first 7 months of the year at a nursing home. She switched

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9.2 1. In 2009, Glenda had two jobs. She earned $62,420 working the first 7 months of the year at a nursing home. She switched jobs in August and began to work in a hospital, where she earned $49,163. In 2009, the maximum taxable income for Social Security was $106,800. The Social Security tax rate was 6.2%. How much OASDI tax did Glenda overpay? 2. Fred requests his annual Social Security Statement from the IRS each year. He wants to check how many Social Security credits he received for 2009. He worked January thru September and earned $1,467 per month. At the end of September he was laid off and did not work the remainder of the year. How many credits did he earn in 2009? *Required to earn at least $1092 per quarter

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