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Bill Clay's filing status is married filing separately, and he has earned gross pay of $1,880. Each period he makes a 403(b) contribution of 11%
Bill Clay's filing status is married filing separately, and he has earned gross pay of $1,880. Each period he makes a 403(b) contribution of 11% of gross pay and contributes $70 to a cafeteria plan. His current year taxable earnings for Medicare tax, to date, are $199,700.
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