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Assume a Social Security tax rate of 6.2% is applied to maximumearnings of $128,400 and a Medicare tax rate of 1.45% is applied toall earnings.
Assume a Social Security tax rate of 6.2% is applied to maximumearnings of $128,400 and a Medicare tax rate of 1.45% is applied toall earnings. Calculate the Social Security and Medicare taxes fort 2 answers
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Financial and Managerial Accounting the basis for business decisions
Authors: Jan Williams, Susan Haka, Mark Bettner, Joseph Carcello
16th edition
0077664078, 978-0077664077, 78111048, 978-0078111044
