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Calculate Soclal Securlty taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $11,500. He Is single. Before chis payroll, Barrett's
Calculate Soclal Securlty taxes, Medicare taxes, and FIT for Jordon Barrett. He earns a monthly salary of $11,500. He Is single. Before chis payroll, Barrett's cumulative earnings were $142,080. (Social Security maximum is 6.2% on $142,800 and Medicare is 1.45%.) Calculate FIT by the percentage method. (Use Table 9.1) Note: Round your answers to 2 decimal places
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