Calculating Social Security and Medicare Taxes Assume a Social Security tax rate of 6.2 is applied to maximum carnings of $125,400 and a Medicare tax rate of 1.45 applied to alteaming Calculate the Social Security and Medicare taxes for the following situations If required, round your answers to the nearest cent Medicare Amount Amount Ta Cumul. Pay Before Current Weekly Payroll Current Year-to-Dato Earnings Soc. Sec. Maximum Over Mix Soc. Sec. Subject to Soc. Sec Soc. Sec. Tax withheld withheld Gross Pay 1.200 $1,200 5128.400 $ 22,200 23,400 53,400 4,200 57,630 128.400 127.900 4,160 128,400 232,060 127,600 4,580 132,160 128,400