Question
Bob had two jobs in 2018, earning a total of $139,850 in taxable wages. He paid Social Security taxes of $7,492.70 from his primary job
Bob had two jobs in 2018, earning a total of $139,850 in taxable wages. He paid Social Security taxes of $7,492.70 from his primary job and $1,178.00 from his second job. What is the amount, if any, of Bob's excess SST?
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Managerial Accounting An Introduction to Concepts Methods and Uses
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