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As the Vice President of Marketing, Scott Parker's year - to - date earnings as of July 3 0 were $ 9 9 , 8
As the Vice President of Marketing, Scott Parker's yeartodate earnings as of July were $ During the month of August, Scott earned $
Assume that the wage ceiling for Social Security is $ the tax rate for Social Security is there is no wage ceiling for Medicare, and the tax rate for Medicare is
For Scott's August wages, calculate the following:
Wage amount subject to Social Security tax:
Social Security tax deduction:
Medicare tax deduction:
Total deduction for FICA taxes:
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