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Assume: (1) FIT calculated by percentage method; (2) Social Security 6.2% on $142,800; and Medicare 1.45%. Cumulative balance before this payroll is below maximum as

Assume: (1) FIT calculated by percentage method; (2) Social Security 6.2% on $142,800; and Medicare 1.45%. Cumulative balance before this payroll is below maximum as related to cumulative earnings in 2 answers

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