Question
Bode has cumulative earnings of $61,200. His current earnings are $3,366.00. Bode's 2020 OASDI withholding is: $ And his 2020 HI withholding is: $ Dale's
- Bode has cumulative earnings of $61,200. His current earnings are $3,366.00.
Bode's 2020 OASDI withholding is: $ And his 2020 HI withholding is: $
- Dale's current earnings total a gross amount of $7,095.00. Year to date he has earnings of $129,000.
Dale's 2020 OASDI withholding is: $ And his 2020 HI withholding is: $
- Medal Points Did Dale's gross earnings partially exceeded the OASDI cap?
YesNo
- Medal Points Did Dale's gross earnings partially exceeded the OASDI cap?
- Brandi's current earnings total a gross amount of $10,835. Year to date earnings are $197,000.
Brandi's 2020 OASDI withholding is: $ And her 2020 total HI withholding is: $f
Compute the total annual tax for the following individuals.
Note: Round each to the nearest cent.
- Alex has self-employment earnings of $57,400.
Alex's 2020 total self-employment taxes are: $
- Hope has self-employment earnings of $138,400.
Hope's 2020 total self-employment taxes are: $
- Michelle has self-employment earnings of $222,000.
Michelle's 2020 total self-employment taxes are: $
Compute the following for John, who is both an employee and self-employed.
Note: Round the answer to the nearest cent.
John was employed by the NFL, earning for the year $122,000. In addition, during his free time, he shoveled snow in the neighborhood, earning $35,500 for the year.
John's 2020 total FICA and SECA taxes for the year is: $
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