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Alex Opal, single, claiming one exemption, has cumulative earnings before this biweekly pay period of $126,700. If he is paid $2,000 this period, what will
Alex Opal, single, claiming one exemption, has cumulative earnings before this biweekly pay period of $126,700. If he is paid $2,000 this period, what will his deductions be for FIT and FICA (OASDI and Medicare)? The FICA tax rate for Social Security is 6.2% on $127,200 and Medicare is 1.45% on all earnings.
The amount of Alex Opal's deduction for FIT is $ |
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The amount of Alex Opal's deduction for FICA (OASDI) is $ |
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The amount of Alex Opal's deduction for FICA Medicare is $ |
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