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Calcuinte Social Security and Medicare tax for the below-listed employees of TCLH Industries, a manufacturer of cleaning products. None of the employees files as married

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Calcuinte Social Security and Medicare tax for the below-listed employees of TCLH Industries, a manufacturer of cleaning products. None of the employees files as married filing separately on their year-end tax return 1. Zachary Fox does not make any voluntary deductions that impact earnings subject to federal income tax withholding or FICA taxes. He is married, claims four withholding allowances for both federal and state, and his weekly gross pay was $1,162. The current pay period is his first with the company 2. Calvin Bell makes a 401(k) retirement plan contribution of 6% of gross pay. He is single, claims two federal withholding allowances and one state withholding allowance, and his weekly gross pay was $417.93. His current year taxable earnings for FICA taxes, prior to the current pay period, are 20,478.57 3. David Alexander makes a 401(k) retirement plan contribution of 12% of gross pay. He is single, claims one withholding allowance for both federal and state taxes, and his weekly gross pay was $4,050. His current year taxable earnings for FICA taxes, prior to the current pay period, are $198.450 4. Michael Sierra contributes $50 to a flexible spending account each period. He is married, claims four federal withholding allowances and three state withholding allowances, and his weekly gross pay was $2.450. His current year taxable earnings for FICA taxes, prior to the current pay period, are $117,600 NOTE: For simplicity, all calculations throughout this exercise, both intermediate and final should be rounded to two decimal places of each calculation 1: Zachary Fox Social Security Tax = $ Medicare Tax = $ 2: Calvin Bell Social Security Tax = $ Medicare Tax = $ 3: David Alexander Social Security Tax = $ Medicare Tax = $ 4: Michael Sierra Social Security Tax = $ Medicare Tax =

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